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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 zack50on Feb 20, 2022 1:19pm
201 Views
Post# 34446372

RE:RE:RE:GIFT

RE:RE:RE:GIFT
fortunefavorsus wrote: Biden said he is going to work like the devil to bring oil prices down.  Who doesn't know he is the deep state's puppet devil?  Insider hedge funds/banks always have the information before we do so it bothered me that with oil prices over $90 for a couple of weeks many oil stocks went down. 

If Russian oil is sanctioned one thing Biden could do in the short term to knock prices down substanitally (not Iran) is to limit oil exports.  That would send Brent soaring and decrease future domestic drilling.  So I don't think that is likely.  Another is to limit or freeze oil and gas prices.  Leftist have become Nazis so that is a possibility.  Look what is happening in Canada seizing peoples bank accounts, destroying ability to earn, and threaten to take dogs and children!

We live in crazy times when the dictatorships in which we live are not afraid to expose themselves to the deluded public.


LOL...Give me a break!! Claims that a "deep state" exists in the US, is nothing more than a concept which is very popular among conspiracy theorists! It has been dismissed by multiple scholars and authors.

FFS... Trumpet and his loonie toons have got way too many of you Americans believing in a deep state... stop drinking the koolaid. Btw, I'm of the same mind as unc12345... when I hear the term "deep state",  my crazy alert goes off as well.
 

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