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Surge Energy Inc (Alberta) T.SGY

Alternate Symbol(s):  ZPTAF | T.SGY.DB.B

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

Comment by CanadianOil2022on Mar 11, 2022 1:29pm
362 Views
Post# 34507255

RE:$25 to $30/ share Surge energy by Dec 31/2022 CEO says

RE:$25 to $30/ share Surge energy by Dec 31/2022 CEO saysFact!
CEO Paul Colborne Surge energy says $25 to $30/ share in the next year. You can bet on it because of net asset value plus CASHFLOWS PER SHARE and Dividends will bring in investors by the BOATLOAD $25 = SGY 2022 DEC


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