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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) > NOT WHAT YOU DO FOR SGY BUT WHAT SGY DOES FOR YOU
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Comment by Kontraryon Dec 08, 2021 2:15pm
133 Views
Post# 34211423

RE:NOT WHAT YOU DO FOR SGY BUT WHAT SGY DOES FOR YOU

RE:NOT WHAT YOU DO FOR SGY BUT WHAT SGY DOES FOR YOUBuying shares and distributing cash implies that you have cash to distribute and/or buy shares. 

WanTBe1 wrote: Where are the share buy backs plus distribution and special cash distribution.?


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Dealroom for high-potential pre-IPO opportunities