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Surge Energy Inc (Alberta) T.SGY

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

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) > Are they trying to drive out shareholders?
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Comment by Dibah420on Dec 13, 2023 4:29pm
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Post# 35783107

RE:RE:Are they trying to drive out shareholders?

RE:RE:Are they trying to drive out shareholders?
Baystboy07 wrote: I think someone is getting liquidated. During the last massive sell off that White Tundra investments dude said he got forced liquidated. That dudes portfolio is 100% energy so I would not be surprised if he blew up again and as such I think it might be him getting blown out. GLTA


If true then this dude is a really unlucky dude to be force liquidated on a day when everything is exploding upwards.

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