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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 uwebb429on Jun 03, 2023 8:24pm
443 Views
Post# 35478833

June Sparky Drilling

June Sparky DrillingJune Sparky drilling begins. 

Region AB
Well name SURGE ENERGY INC 4 PROVOST 7-24-39-3
Licence number 0508910
Last status date 2023-04-04
Last status ISSUED
Company SURGE ENERGY INC.
Substance CRUDE OIL
Formation Sparky
Depth 0
Well type Production
Unique identifier 104072403903W400
Surface location 08-13-039-03W4
County / Field  
Ground elevation 672.3
License date 2023-04-04
Spud Date 2023-06-02
Drilling Contractor Hertz & Paluck Energy Services Inc.
Rig Number 1
Drilling Operation Horizontal

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