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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) > Agree with Previous Poster
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Comment by Baystboy07on May 03, 2023 5:28pm
135 Views
Post# 35428614

RE:RE:RE:RE:Agree with Previous Poster

RE:RE:RE:RE:Agree with Previous PosterWonder how many of those share were paid for vs stock option of share grants...also production is flat over 5 years with share count up over 40% and debt slightly down.

who cares the shares are up 100 YoY...look at 5 year performance and the comment.

best thing that could happen here is Nuttal forces a sale.

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Dealroom for high-potential pre-IPO opportunities