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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)
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Post by befreeon Sep 03, 2022 8:06am
500 Views
Post# 34939878

enercom denver

enercom denverif i am not mistaking    Paul casually mention  he has done this 4 times b4  
bring a company up  and sold it .    if  and i mean if  the price of oil stays in the 80 or greater 
range and debt repayment continues   where do you see sgy   
i am all in some days i have concerns  but for the most part i like the playing field
ev will not overtake the oil and gas industry for a long time
Just my opinion 
befree   in the Maritimes 
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