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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)
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Post by Carjackon Dec 11, 2023 5:59pm
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Post# 35778827

US desperation

US desperationThe easing of sanctions on Venezuela was a temporary gambit, which Washington conditioned on the holding of free and fair elections in 2024. To that end, an opposition candidate was chosen to stand in the election against President Nicolas Maduro. However, since then, Maduro has orchestrated a referendum on annexing Essequibo from Guyana–where Exxon has made a string of huge offshore discoveries–and several opposition figures have been arrested for treason. 
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