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) > BMO Targets @$75 & $100 Oil

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Comment by Chris007on Jan 31, 2022 1:45pm

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Post# 34379829

RE:BMO Targets @$75 & $100 Oil

You do realize NAV is different from stock price, right?

No energy company trades even remotley close to their NAV

https://twitter.com/ericnuttall/status/1488146000824963082?cxt=HHwWlMC4kee5-qYpAAAA

Taffypalmer2014 wrote: Nuttall issued new BMO targets at $75 & $100 OIl

Sgy @ $75 gets a $23.26 Valuation and
@ $100 gets a $39.84 Valuation

Check his Twitter feed for the table.