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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 TO BUY CPG OIL ASSETS AGAIN 2022 SASK. 2022
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Post by CanadianOil2022on Feb 09, 2022 1:30pm
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Post# 34413323

SURGE TO BUY CPG OIL ASSETS AGAIN 2022 SASK. 2022

SURGE TO BUY CPG OIL ASSETS AGAIN 2022 SASK. 2022SURGE ENERGY SGY  ACCORDING TO WALL STREETS RAYMOND JAMES JEREMY MCCREA he seen My thinks that Surge will in fact buy some Oil Assets off Crescent point energy Again 
Because CEO Paul Colborne worked for CPG and therefore knows this great oil fields in a $100 oil era... their SE Saskatchewan oil field wells now pay out in just 55 days 
2022 he thinks $400,000,000 Cash flows for Surge energy sgy 2022

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