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 Countrin2tiveon May 04, 2022 4:18pm

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Post# 34656450

RE:RE:RE:RE:RE:RE:NCIB

Agree, plus the Qs and Y ends have sounded to me like hoo haw, smoke and mirrors, what ever you want to call it. And, maybe that what was needed, but obviously it didn't fool everyone. So now, maybe new horizon, CEO was right about all the risk taken, and perfect storm for taking this SP to where it reflects true value.

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Calibre discovers significant gold in Newfoundland