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.

TSX:SGY - Post by User

Surge Energy Inc (Alberta) > May 5th

<< Previous

Bullboard Posts

Next >>

Comment by masfortunaon May 04, 2022 5:46pm

217 Views

Post# 34656738

RE:RE:May 5th

Thx Rocky. Let's see tomorrow if we can add to this run as methinks the EU will announce a total embargo on Russian oil in the following days. That will cause all O&G to rise with the tide. I am not going to put a sp forecast, but If they can deliver tomorrow, I think we will all be smiling some time next week.

<< Previous

Bullboard Posts

Next >>

Changing Europe’s dependency on HREE from China