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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 DragPlowson Nov 04, 2022 6:06am
278 Views
Post# 35072138

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

RE:RE:RE:RE:From HFI Research... Goldman on distillate.
FantomMarner wrote:
CanaanR wrote: Did you you listen to John Trevor Plows who bet the farm.l took a major hit during the 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.  John Plows talked about 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 I lost erverything
 
  Maybe stick to GIC's   ...  Just saying 



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