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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 Tradestayon Nov 10, 2022 11:29pm
251 Views
Post# 35090464

RE:Acesover

RE:Acesover
I don't think he needs to share anyone who bought below. 40 cents before reverse split and have shares in the 10,s of thousand made a good chunk of money. I get shareholder before the 2020 decline lost alot anf the reverse was the nail in the coffin. The people like myself who bought in when it was selling 20 cents to 40 cents range made over 100% return plus divy in the last 2 years. Even those who invested a year ago made money.
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