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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 ACESoveron Jul 11, 2023 10:39am
243 Views
Post# 35535343

To the whiners

To the whinersInstead of blaming others for YOUR investment decisions you hopefully understand how manipulated the O & G markets are. If you did you would have been adding at recent lows just like the sheisters who move the prices to their advantage. I have seen this game enough to realize you add when the pros have driven the price down to reap the rewards as they eventually reverse market sentiment and draw in buyers to move price back up.

ACE$.

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