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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) > Fear & Greed
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Comment by fortunefavorsuson Jan 21, 2022 12:25pm
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Post# 34343062

RE:Fear & Greed

RE:Fear & GreedI think market is long overdue for sizeable correction of bloated tech stocks and speculation into what I consider fraud investments like bitcoin and green energy.  Oil should be the safe haven trade in this environment because oil demand is still set to come back and supply is not ready for it.  The new street hype will be "Got Oil". 

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Dealroom for high-potential pre-IPO opportunities