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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) > Eric Nuttell says SGY is undervalued!!
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Comment by TickerStock101on Dec 05, 2021 12:32am
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Post# 34199449

RE:RE:RE:RE:RE:RE:Eric Nuttell says SGY is undervalued!!

RE:RE:RE:RE:RE:RE:Eric Nuttell says SGY is undervalued!!

Interesting!! Thanks for the insight. 

Wouldn't it make sense that some bank or other institutional investor would make a deal to purchase these shares now that hedges are rolling off?

Much like Eric did with Ath in buying Equinors stake? I can't see Nuttal considering it but maybe he is looking to try to get it with his fund?

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