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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) > Should payoff debt first
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Comment by Stockhudsonon Jan 18, 2022 11:22am
205 Views
Post# 34328622

RE:RE:RE:RE:RE:RE:Should payoff debt first

RE:RE:RE:RE:RE:RE:Should payoff debt firstchecking into Pauls history    he was at CPG   what was his status there    CPG had a somewhat poor reputation  in the market    was he part of that   or am I wrong   I am long time bagholder and trying to recover    dilution would really annoy me   pay that 8% loan off   GLTA  
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