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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) > Nuttal
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Post by Carjackon Dec 08, 2023 2:19pm
285 Views
Post# 35775363

Nuttal

Nuttal
Eric Nuttall
 
@ericnuttall
 
 
Join me next Monday at 2pmET for an Energy Strategy Update in which I'll do my best to explain the recent volatility in oil, debunk some of the current false narratives (US shale surging and "weak" demand), and reiterate why "we remain bullish" for 2024 despite the recent sell off.


https://event.on24.com/wcc/r/4436505/5CECB21495EE828B31D1C87A0B6F7FD9?partnerref=Eric
 


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