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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) > SURGE = $350,000,000 CASHFLOWS 2022, $12.75 PT
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Comment by CanadianOil2022on Jan 27, 2022 6:49pm
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Post# 34369084

RE:SURGE = $350,000,000 CASHFLOWS 2022, $12.75 PT

RE:SURGE = $350,000,000 CASHFLOWS 2022, $12.75 PT
SURGE ENERGY SGY $12.75/SHARE ANALYSTS NOW plus Raymond James Jeremy McCrea says $12+ per share in 2022 

Because their CASHFLOWS are incredible for only 83 million shares outstanding very small float 
$350,000,000 CASHFLOWS IN 2022 SGY the market cap is only $500million  
11 Analysts now Cover this great oil and dividends company

8% Dividends in May 2022 CEO Paul Colborne Says Yesterday 
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