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Surge Energy Inc (Alberta) T.SGY

Alternate Symbol(s):  T.SGY.DB.B | ZPTAF

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 1970Craigon Feb 08, 2022 5:55pm
153 Views
Post# 34410507

RE:RE:OIL EXTENDS DECLINE

RE:RE:OIL EXTENDS DECLINE

Man I agree with you so much.  I actually wrote a rant.   I just had to erase it. I just find that we are dealing with money , generally hard earned , saved money and it bothers me when anyone throws darts or sand when people lost 5 percent of there savings today.  

    Just really really bothers me.   I don't know why.  It just does.  I hope that the poster just didn't think before they posted  , my hope is they thought that becasue it's true and then just typed it with out any thought .  I hope this is the case  . If so ?  I have amd we all have done the same at some point   .  Today was to watch !  

   Give it a day or two and the news will be PUTIN is non committal and fears are rising , or Iran did this or that  

     Every day we are above 65 is very bullish , some where along the line this is a 16 - 20 dollar stock at that oil price.    

    Just takes time !   

    Glad you spoke up.  

 

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