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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) > Eric Nuttall's 2023 EV/CF chart, SGY is #1
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Comment by pennydredfulon Feb 25, 2022 8:06pm
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Post# 34463641

RE:Eric Nuttall's 2023 EV/CF chart, SGY is #1

RE:Eric Nuttall's 2023 EV/CF chart, SGY is #1HIs   chart   only  selects the names  of  his choosing   and  leaves  off  many   others. If  he  thinks so  highly    of  Surge  why did he announce  recently  he  had  sold  off  the majority  of  his  holding   or   did  he  use  recent  weakness  to  get  back  in?
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