Surge Energy Inc (Alberta) T.SGY

Alternate Symbol(s): T.SGY.DB.B | ZPTAF

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)

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Post by ACESoveron Nov 25, 2022 2:21pm

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Post# 35128747

Another day of conspicuous trading

Watching Peters and others (39 & 79) run the price to $10.12 where Peters pulled off a 66,000 share cross. And then watch CIBC (79), Merrill Lynch (39) and others walk the price back down to current $9.49. I see it, others see it but the regulators don't see it. That's because they have their blinkers on to the manipulation. Not that I didn't know that by now but huge advantage to the pro traders.

ACE$.

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