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.

TSX:SGY - Post by User

Surge Energy Inc (Alberta) > March 9 - Release of 2021 financials

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Post by terroiron Feb 25, 2022 7:57am

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Post# 34460722

March 9 - Release of 2021 financials

This will be an opportunity to update and reinforce news on the 2022 plan.

GTE increased 60% this month including a bump on Feb 23 when they released their 2021 results. This compares to SGY's 2.5% increase for this month.

I am betting on a similar run for Surge going into their release date of March 9.

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Two micro-cap stocks with strong fundamentals