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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

Post by zack50on Feb 15, 2022 8:05pm
270 Views
Post# 34432126

Hey ppp...

Hey ppp... So if this is the best company in Canada, please don't take me out of context... what I said was... "with regard to total rate of return, for 2021 and the first 4 weeks of 2022... in their peer group, Surge is leading the pack in Canada." 

why is it still trading at these metrics? I'm as baffled as you are... the market determines the price! In my estimation, it's underappreciated, mispriced and undervalued... hoping that that chnges soon!

Don't worry Paul will know who I am, If he again has a SH^T show like the past few years. Yes, I'm sure he will... he must be quivering in his boots.

Seems like Paul pumped your a$$ full of sunshine. Now, isn't that an a$$inine comment... you must know the sun doesn't shine there!

Maybe if some of you guys owned a stock more than a few weeks you would pay a little more attention. Trust me, I've been with Surge for a hell of a lot longer than two weeks... actually, it's a lot longer than I care to remember... initially, I did very well and then the past few years... well obviously, you don't need to be reminded... we've alll felt the pain! And now I'm happy again!

Just because we have high oil prices don't give these guys the right to Pi$$ away money. Sounds like someone Pi$$ed in your cornflakes this morning. As I stated previously, if you don't like the plan, there is an alternative!




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