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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) > THE LIDS ABOUT TO BREAK OPEN!!
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Comment by stockwatcher248on Jan 12, 2022 11:30am
190 Views
Post# 34308265

RE:RE:RE:RE:RE:THE LIDS ABOUT TO BREAK OPEN!!

RE:RE:RE:RE:RE:THE LIDS ABOUT TO BREAK OPEN!!that's huge volume with only 72 million shares outstanding after all their acquisitions....my guess is either a change in the control block or convertible debentures are being excercised and the resulting stock is being crossed out to new control block buyer...we'll see



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