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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

Post by CanadianOil2022on Jan 17, 2022 7:14pm
617 Views
Post# 34326514

Josh Young Bought Surge in Summer of 2021

Josh Young Bought Surge in Summer of 2021Josh Young Bison Interests has been buying surge energy since the summer of 2021. He loves the horizontal 8 leg laterals with oil based mud in the Sparky some 50,000 acres 500% Upside from 40 boed to 200 boed plus Surge has their great light oil fields in this $90 oil era.

Surge Energy Inc. has some great wells and is going up!!

I was listening to conference call on twitter with Josh Young today. He had some really great points fundamentally about Oil prices in future. Very Bullish! So many people brought up SGY on the call! Lots of people are impressed with the technology and efficiencies that they are getting at there wells! Very impressive! After they release there updated guidance in the next couple days, we will definitely see OVER $12 share price. Lots of big investors and institutions are now paying attention to SGY. The big money is coming out to play!..

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