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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

Comment by FantomMarneron Oct 28, 2022 5:21pm
144 Views
Post# 35056988

RE:RE:RE:From HFI Research... Goldman on distillate.

RE:RE:RE:From HFI Research... Goldman on distillate.
CanaanR wrote: Good question , when , maybe never unless you listened to John Trevor Plows who bet the farm.l took a major hit during your dark times and sold at about 38 cents pre consolidation and bought VET at $39.00   then sold it at $9.00
I took what little I had left and bought CHE.UN at $16.00 and DBM at $10.00
along with TM at .75 cents
 Falling in love with Red deer is waht I do
This mgmt has done little to pump shareholder confidence but has done much to erode shareholder value over a long time. BS gets BS but remember the OIP that John Plows talked about and his surety that Headwater would buy them out at what he said was about $20 pre consolidation. .I say this in all sincerity Good Luck to the Longs , you deserve something after all this time in the Doghouse.

  Maybe stick to GIC's   ...  Just saying 

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