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) > API Inventory build +11.9 million barrels?

<< Previous

Bullboard Posts

Next >>

Post by VeritasVernon Nov 08, 2023 8:07am

150 Views

Post# 35723105

API Inventory build +11.9 million barrels?

How does inventory build by +11.9 Mb in one week???? If you look at the early selloff of oil yesterday, clearly some in the market knew. Is this evidence of manipulation? WTF?

<< Previous

Bullboard Posts

Next >>

How to decrease sector risk by owning hundreds of mineral assets