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Surge Energy Inc (Alberta) T.SGY

Alternate Symbol(s):  ZPTAF | T.SGY.DB.B

Energy Oil & Gas E&P
Surge Energy Inc. is a Canada-based oil focused exploration and production (E&P) company. The Company's business consists of the exploration, development and production of oil and gas from properties in Western Canada. It holds focused and operated light and medium gravity crude oil properties in Alberta, Saskatchewan and Manitoba, characterized by large oil in place crude oil reservoirs with low recovery factors. It offers exposure to two of the five conventional oil growth plays in Canada: the Sparky and SE Saskatchewan. It holds a dominant land position and is drilling a mix of horizontal multi-frac and horizontal multi-lateral wells in the Sparky area. Sparky is a large, well established oil producing fairway in Western Canada. SE Saskatchewan is a focused operated asset base with light oil operating netbacks. SE Saskatchewan operates low-cost wells with short payouts and offers potential for continued area consolidation.


TSX:SGY - Post by User

Surge Energy Inc (Alberta) > Raymond James, BMO, National bank $10/$12 SGY
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Comment by CanadianOil2022on Dec 02, 2021 7:26pm
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Post# 34192695

RE:Raymond James, BMO, National bank $10/$12 SGY

RE:Raymond James, BMO, National bank $10/$12 SGYSurge energy producing 23,000 barrels daily Today Facts are Facts read they just Successfully Drilled 23 New OIL Wells Added to their 21,500 boed oil production.... Brilliant as their superior waterfloods produce low declines higher setbacks than even great Clearwater oil Tamarack Energy says 
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