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)

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Post by CanadianOil2022on Mar 07, 2022 3:25am

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Post# 34489176

Brilliant SGY Management SE SASK Oil 50 Day Payout @$80 not

Surge energy Management Brilliantly bought Two Great oil properties in South East SASKATCHEWAN that literally payout in 50 Days at only $80/ barrel
well it's now $125/barrel today they pay for themselves in one month
CEO Paul Colborne thinks Raymond James Jeremy McCrea $12 target is only half the true value now more likely $20/Share 2022

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