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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

Post by CanadianOil2022on Jul 03, 2022 2:44pm
398 Views
Post# 34798146

SURGE ENERGY = $25/ Share CEO Says +6% Dividends

SURGE ENERGY = $25/ Share CEO Says +6% Dividends Surge energy SGY CEO PAUL COLBORNE SAYS SURGE ENERGY WILL TRADE BY DEC $25/SHARE and Shubham Garg Top Pick is Surge energy going to $27 Their Net Asset Value N.A.V. 
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