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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

Post by Dixiedeeon Nov 21, 2022 2:30pm
217 Views
Post# 35116344

Biden And the oil price

Biden And the oil price Biden is working hard to drive oil down to lower inflation in the USA unfortunately he doesn't know what he is doing releasing more reserves only pushes the higher price down the road a couple weeks 
now that he promised the Saudi's immunity 
from any US court on the murder they committed on the journalist if they increase production in Dec and going forward will have to see how this plays out 
Biden deserted Iran interpurtors and those that helped the US and their allies so we know he doesn't care about anyones life just votes what has the USA become once a proud caring nation now not so much so much interference in the world now 
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