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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

Comment by daniel004on Jan 30, 2022 4:56pm
194 Views
Post# 34376464

RE:RE:One thing to understand at this time of year.

RE:RE:One thing to understand at this time of year.
Penny, I hate to ignore someone such as you with such a "high reputation" on Stockhouse BB. But you lost me in your baseless and incoherent ramblings. What or who are you talking about? Never mind.
 
pennydredful wrote: All in all  his sales of SGY  and/or other names could have been simply to fund cash redemptions  rather than to invest in new names as funds flee the oil and gas industry re social, political and enviromental reasons whether with or without basis or  as  another poster pointed out according to  Mr.  Colborne , a realization  that  over  the  years  the performance  is  mediocre.I   have  no first hand knowledge of his funds performance. 

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