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Surge Energy Inc (Alberta) T.SGY

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

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

Comment by littledave55555on Dec 17, 2021 9:47pm
150 Views
Post# 34242755

RE:RE:Question ??

RE:RE:Question ??
navajojoe wrote:
littledave55555 wrote: If Russia invades Ukraine next month ... and the EU decides to stop buy Russia oil an gas, will the WTI raise up over 100 bucks a barrel... Also USA, imports, oil from russia  that will stop as well ... There will be a very heavy demand for WTI oil ... if this happens ...do u agree ?? 


If you are basing your investment decisions on Russia invading Ukraine, think again.

I base my investment in oil on , american oil companys wanting biden to pay for all his decisions,from more taxes , shutting the keystone pipe line , and taking away land that is oil riched that they are no longer to drill on.... high gas prices is his punishment ...biden even asked them to pump more oil ... an they said no....
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