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) > CEO Paul Colborne $25 SGY Adelaide Capital Thurs 3pm

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Comment by Dibah420on Jul 28, 2022 4:50pm

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Post# 34858240

RE:RE:CEO Paul Colborne $25 SGY Adelaide Capital Thurs 3pm

brewster123 wrote: Adelaide just advised last-minute that the interview with SURGE was postponed to next week due to "unforeseen" circumstances. Stock is down this afternoon....what's up?

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No explanation for the drop on a green day. ATH dropped also by 5% on a vol of almost 10m despite what appears to be good results.

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