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Surge Energy Inc (Alberta) T.SGY

Alternate Symbol(s):  T.SGY.DB.B | ZPTAF

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 Carjackon Dec 12, 2023 8:17pm
163 Views
Post# 35781232

Will Joe Biden Let Venezuelan Strongman Nicolás Maduro Get A

Will Joe Biden Let Venezuelan Strongman Nicolás Maduro Get A

When dictators are in trouble, they often stir up a foreign crisis to rally nationalist support and divert people’s attention from domestic problems. That’s what Venezuela’s hated dictator, Nicolas Maduro, is doing. He’s laying claim to most of neighboring Guyana, which possesses huge offshore oil and gas deposits. Maduro is warning that he will seize what he wants by force.

This segment of What’s Ahead discusses why Maduro thinks he can take advantage of Joe Biden, who needs Venezuela’s oil and doesn’t want to cope with another war, especially in Latin America. Biden’s weakness is begetting an ever more dangerous, lawless world.

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