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) > EN focuses on energy stocks...

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Comment by dllscwbysfnon Oct 24, 2022 11:21pm

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Post# 35045691

RE:RE:RE:RE:EN focuses on energy stocks...

Dibah420 wrote:

dllscwbysfn wrote: Funny stuff, looking out to 2024. My best guess would be that shortly after mid terms all spr releases will come to a halt. Biden doesn't care about anything other than votes. Maybe 18 months from now you might be able to start your conversation.

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And the votes that Biden cares about most are the ones when HE is on the ballot...i.e. 2024.
I am not persuaded at all that SPR releases will automatically come to a halt after the midterms.
That will be determined largely by market price of the commodity and how desperate the White House gets post November

I just think you are looking out too far. I could see them start releasing from the spr 6 months before the election when HE is on the ballot.