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.

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Surge Energy Inc (Alberta) > Josh Young + Eric Nuttall & Raymond James Buying SGY Surge

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Comment by CanadianOil2022on Mar 02, 2022 4:12pm

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Post# 34476571

RE:RE:Josh Young + Eric Nuttall & Raymond James Buying SGY Surge

Josh Young, Eric Nuttall & Raymond James Buying Even More of This Great Profitable Oil Producer Surge Energy SGY where the CEO Paul Colborne thinks 2022 They will easily be a 30,000 barrels daily company.
Because of Incredible Netbacks and Cashflows with Massive Sparky Upside 500% per oil well and adding another South East Saskatchewan Oil Field Soon they say. 30,000 boed 2022 $12 Share 2022 SGY $20 2023

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