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)

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Post by scienceguy36on Feb 14, 2022 3:06pm

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Post# 34427316

The economy forecast agency - crazy numbers?

WTI Oil Price Forecast For 2022, 2023, 2024, 2025 And 2026

Month	Open	Low-High	Close	Mo,%	Total,%
2022
Feb	88.36	86.75-102.54	101.02	14.3%	14.3%
Mar	101.02	101.02-108.89	107.28	6.2%	21.4%
Apr	107.28	107.28-115.64	113.93	6.2%	28.9%
May	113.93	113.93-122.80	120.99	6.2%	36.9%
Jun	120.99	111.79-120.99	113.49	-6.2%	28.4%
Jul	113.49	113.49-122.34	120.53	6.2%	36.4%
Aug	120.53	120.53-129.92	128.00	6.2%	44.9%
Sep	128.00	118.26-128.00	120.06	-6.2%	35.9%
Oct	120.06	116.45-120.06	118.22	-1.5%	33.8%
Nov	118.22	118.22-127.43	125.55	6.2%	42.1%
Dec	125.55	125.55-135.33	133.33	6.2%	50.9%
2023
Jan	133.33	133.33-137.66	135.63	1.7%	53.5%
Feb	135.63	135.63-146.20	144.04	6.2%	63.0%
Mar	144.04	144.04-155.26	152.97	6.2%	73.1%
Apr	152.97	152.97-164.89	162.45	6.2%	83.9%
May	162.45	162.45-175.11	172.52	6.2%	95.2%
Jun	172.52	159.39-172.52	161.82	-6.2%	83.1%
Jul	161.82	149.51-161.82	151.79	-6.2%	71.8%
Aug	151.79	151.79-163.62	161.20	6.2%	82.4%
Sep	161.20	161.20-166.58	164.12	1.8%	85.7%
Oct	164.12	164.12-176.91	174.30	6.2%	97.3%
Nov	174.30	174.30-187.89	185.11	6.2%	109.5%
Dec	185.11	171.03-185.11	173.63	-6.2%	96.5%