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.

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Surge Energy Inc (Alberta) > Phil Flynn oil headed higher

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Comment by bdepardeon Jan 26, 2022 4:39pm

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Post# 34364155

RE:Phil Flynn oil headed higher

fortunefavorsus wrote: Why the huge drop in a highly unervalued company that could cut its debt in half this year?

Funny business. It was trading strange today. Nuttall is on bnn Friday. Could be him trying to get a larger position (he hates surge) but he likes making money. I really want to know who was then buyer of 7 million shares earlier this month. Will look forward to viewing the instituational ownership for January when out on morning star.

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