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Surge Energy Inc (Alberta) T.SGY

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

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.


TSX:SGY - Post by User

Surge Energy Inc (Alberta)
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•••
Post by zack50on Jan 17, 2023 5:02pm
488 Views
Post# 35229232

SGY Marketing Presentation... hosted by Adelaide Capital.

SGY Marketing Presentation... hosted by Adelaide Capital.In case you missed it... recording of Surge Webinar... 01/17/23

https://us02web.zoom.us/rec/share/8F48Z0qpzlVaWU4vzEjeqwImYXUDarC1-9AdDdtocnr3pu86dQviEN7rY-VSXs27.IwNduUbYDJZh_4rd

The passcode is: h!KJL?d5

Surge is going to be a top performer because of:

* Asset quality... light/medium oil
* Net asset value = $24
* Best FCF yield in peer group

* Excellent production efficiency
* 2 of the top 4 oil plays in Canada
* Great balance sheet

* 28% FCF out to shareholders
* 1.5B in tax pools... > 4-years
* Cormack Securities #1 top pick

* Giltedge offers great upside
* Sparky and SE Sask flourishing
* Numerous institutions now involved

Cheers!


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Dealroom for high-potential pre-IPO opportunities