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Surge Energy Inc (Alberta) T.SGY

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

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 queseaon Dec 20, 2021 2:12am
195 Views
Post# 34245826

RE:Canadian small cap energy in 2022

RE:Canadian small cap energy in 2022Is Nuttal missing the amazing fact that AB Oilsand Companies are presently producing more Oil than ever before !!
That doesn't seem to be under investing ?! And they're making record profits also !!
So much for their feeble whining about lack of pipelines is an evil plot cursing them all into Bankruptcy. That's the lie they tell Kenny, the man & party they paid for. We even paid for an investigation ??
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