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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.


TSX:SGY - Post by User

Surge Energy Inc (Alberta) > flat production
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Comment by Baystboy07on May 03, 2023 11:46pm
280 Views
Post# 35429187

RE:RE:RE:RE:RE:RE:flat production

RE:RE:RE:RE:RE:RE:flat productionpress releases are all spin...only reason they paid down debt is they issued flow through shares...which they did not even press release not mention in this earnings release.

Amazed you are being a pri&k when I am merely trying to give you a true set of facts...as opposed to Paul who seems to be the ultimate promoter.

bets thing that can happen here is Nuttal forces a sale.
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