Surge is green again today
Maybe there in play. I don't own it but wish I did. Surges Ceo Paul Colburne made a statement that rings true with most O and G producers. In Canada and the U.S., capital discipline continues to prevail for petroleum producers. Surge Energy CEO Paul Colborne said the junior oil and gas company has set its budget and wont change it by one iota, focusing instead on paying down debt and returning money to investors. He doesnt expect many oil producers will substantially alter their plans until government attitudes toward the sector shift. The politicians have to start realizing how important crude is, he said. .