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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 New report says Surge $12/share target

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Comment by Chris007on Dec 10, 2021 10:59pm

220 Views

Post# 34221089

RE:Raymond James New report says Surge $12/share target

WOW, you really are a freaking nut job...good luck with that

CanadianOil2022 wrote: Everyone Agrees Raymond James Jeremy McCrea is a Brilliant oil analytics man and he says $12/share Surge Energy. Board is free board meaning aliases lol by th e dozens same ip address clowns to themselves period. Real oil analytics says bubuy buy buy Surge 200% UPSIDE

SURGE Management is Great, $12/share TARGET Raymond James

SURGE ENERGY SGY WILL MAKE $300,000,000 CASHFLOW IN 2022 HIGHER SHARE PRICE COULD ISSUE $10 SHARES & DEBT FREE DIVIDEND PAYER RAYMOND JAMES JEREMY MCCREA THINKS AND SAYS SURGE Management is Great, $12/share TARGET Raymond James

Surge energy Management is Great and Raymond James Jeremy McCrea says so too $12/share PRICE TARGET BEST CASHFLOWS Surge Management strategically assessed and analyzed the Company's strong competitive corporate advantages including, its long (15 year) reserve life index, low conventional corporate decline, high crude oil netbacks, top tier production efficiencies, large 13 year drilling inventory, and substantial $1.0 billion tax pool base.

Accordingly, with this announcement today, over the last 12 months Surge Management has now executed over $620 million of debt and equity financings, re-financings, asset sales, and two corporate acquisitions, to strategically adapt to changing market conditions, and to reposition the Company to be a top performer in 2022 and beyond. Excitingly for shareholders, Surge has also been able to maintain a dominant operational growth position in the Company's medium gravity crude oil Sparky core area, while also adding a significant new core area position light oil..