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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 uwebb429on May 03, 2023 5:08pm
124 Views
Post# 35428566

RE:RE:RE:Agree with Previous Poster

RE:RE:RE:Agree with Previous PosterPaul Colborne already has 900,000+ shares that are bringing in $36K of dividend income every month. I assume that buying some more SGY shares is not high on his priority list. Some diversification would probably be a good idea for his portfolio.  

If you think Paul is personally responsible for raising the U.S. interest rate again today and for making WTI drop to $68, let him know tomorrow what a lousy job you think he is doing. He has a webinar with Adelaide Capital scheduled for tomorrow at 1:00 PM EST.  

https://www.adcap.ca/events-calendar/surge-energy-q1-webinar

Don't hold back. Really lay into him. No softball questions. SGY only went up 100% last year. That is border line unaccepatable.
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