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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 Baystboy07on Jul 10, 2023 11:35pm
166 Views
Post# 35534808

RE:RE:RE:RE:Price of oil is up….

RE:RE:RE:RE:Price of oil is up….

Because I am hoping that Nuttal throws his useless butt out. At a certain point companies with weak management get agitated by activists or the Board wakes up and throws useless managememt out. 

Seems like you are a sheep and are happy with Paul's horrible mangement.

The Mt Bastion acquisition, which was before my time as a shareholder was a disaster. I though this as a deep value play as such bought.

I have then watched our CEO be forced into assets sales to pay down debt...be forced into horrific hedges to protect the debt holders that have had him by the balls for the last 5 years.

there should not be compassion on this Board there should be outrage at this useless management team.

BTW paul, or his IR person....PAY DOEN YOUR DAMN DEBT AND DON'T DO ANYTHING STUPID!!!

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