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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

Post by swale13on May 10, 2023 3:42pm
347 Views
Post# 35441539

Shubham fresh Surge interview ... a good listen

Shubham fresh Surge interview ... a good listen

Very concrete on a DIV increase later this year .. not a whopper but nice to have 
the Div is not the be all end all but i have and number of friends in Surge and 
the Div helps all sorts of people..hint not every one is trading options...feel better about the volatility and I think we do need retail investors 

link

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