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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 1970Craigon Feb 18, 2022 6:02pm
183 Views
Post# 34443655

RE:Oil to $100

RE:Oil to $100

  I have to agree with your assessment 100 percent.  I think with Black Rock coming out and saying they support the oil and Gas sector in Texas.  Just says that if the worlds Largest asset holder is standing by this sector , some not all will be warming up to this sector. 

   Funny though !!  All these people if or when they come to the oil and gas sector will change the narative because of nothing else but money. The narative is already changing.  You here hints of it already.  

     Biden all of them. Telling them to supply the market amd drill , but telling the banks to not capitalize the sector.  

     You see the change now that there aggressive not so well thought out transition to green energy is costing votes , and the price at the pump is maxed.  

    You will see the spinsters change the way or try to change the way the minions think.  

   I can't seem to get my point across the way I want.   But
essentially I think Somehow some way we become more palatable to the general investor.  


   This is my hope , and I think your totally right. 

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