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) > NCIB

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Comment by pppon May 03, 2022 12:10pm

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Post# 34651376

RE:RE:NCIB

IMO, they should buy back shares till they hit 15 a share, fair value at the moment!! WCP been buying back all along. What do we want as share holders? fair market value or a div. I take buy back ,50% gain and less shares they have to pay a div to. So pay down debt buyback, and then a div .

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From now on, dynaCERT instead of Bitcoin or NVIDIA?