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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 CanadianOil2022on Feb 01, 2023 11:36am

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Post# 35259611

Eric Nuttall says $23 Shubham says $50 PetroGirl $35/SGY Sha

SURGE ENERGY SGY Price Targets and Net Asset Values according to the Top Oil Fund manager Eric Nuttall Ninepoint ENERGY FUND says $23/share. PetroGirl says of her top holding a $35/share net asset value in 12 months. With Shubham Garg saying that Surge energy net asset value will be $50/share. SURGE ENERGY SGY a ACCORDING to WALL Street has Tremendous UPSIDE in Dividends and Future CASHFLOWS

Their Waterfloods provide literally the best metrics and Best PIR PROFIT Investment Ratio in all the Oil patch paying out 10x yes 10X over the course of their production. Sparky oil wells produce on waterfloods 400,000+ barrels of Oil.
Clearly a Top pick for Shubham Garg, Top Pick for PetroGirl and Eric Nuttalll too with 9.9% of Surge energy.

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Advancing flagship Ishkõday Gold Project in Ontario