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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 stockwatcher248on Jan 12, 2022 11:40am
153 Views
Post# 34308339

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

RE:RE:RE:RE:THE LIDS ABOUT TO BREAK OPEN!!thx for posting ppp....that's very interesting...I can understand Peters because they were the largwest oil stock traders for years but Nat Bk is interesting....they either held a large portion of the convertible debebtures and are exercising or they are the broker they are the agent/broker for a substantial shareholder or new buyer....we'll see when the smoke clears what went on today...def went on today....for sure significant trading day...this is not retail stock activity
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