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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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Comment by terroiron Feb 25, 2022 10:37am
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Post# 34461360

RE:RE:March 9 - Release of 2021 financials

RE:RE:March 9 - Release of 2021 financialsGood point, but the driver is 2022, hopefully no surprises for 2021. And, my point was not so much the bounce, that may come from unexpected news, but the run-up that starts in the month prior to news. I am hoping, and perhaps seeing today, that Surge will do a similar run-up.
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