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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) > Weekly gas demand data highest of 2022. Sun-Sat
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Comment by Oilandgas4everon Jun 12, 2022 7:44pm
217 Views
Post# 34750544

RE:Weekly gas demand data highest of 2022. Sun-Sat

RE:Weekly gas demand data highest of 2022. Sun-SatHi folks, down in Cabo San Lucas this week, never saw one EV on the road and traffic was heavy. If this is any indication gasoline usage and hence oil and gas demand will continue to be strong. ICE are the most economical and practical way for at least the next decade. I remain bullish.
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