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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 Wynjoeon Feb 23, 2022 12:58pm
267 Views
Post# 34454404

Stock tip of the day...

Stock tip of the day...Reco.... Cannacord recently bought a brokered placement totalling nearly 50 million dollars for $6.30 per share. Reco is about to drill in the kavango basin and because of seismic and geographical data the probability of oil being found is nearly guaranteed. Buy in today at $5.80 and you wont be sorry .I believe we are at the low and many great news catylsts are coming. THANK ME LATER.
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