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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 fortunefavorsuson Feb 07, 2022 7:09pm
211 Views
Post# 34406788

RE:RE:RE:Phil Flynn oil headed higher

RE:RE:RE:Phil Flynn oil headed higher"Could be him trying to get a larger position (he hates surge) but he likes making money."

I started trading Surge about 6 years when they bought some assets from Penn West which I was unfortunately heavy invested.   I have been in Surge off and on over those years but was never a major position until recently.  Was it Nuttall who seemed to dump on the stock all the time?  I don't even remember what his major beef with the company was at the time.  Faintly remember he didn't like Colborne must have been something that happened years before.
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