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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

Comment by lnggasfor202324on Dec 24, 2023 12:32pm
98 Views
Post# 35799742

RE:RE:If I

RE:RE:If ILet's read between all you blind clowns on here.  I don't know any other company on here taljking about their own company, where their invester relation person is feeding Paul and the CFO questions about Surge.  This sure seems like some kiund of promo job if you ask me.  If the invester relations person is that stupid she shouldn't even be holding the invester relations position.  I don't think thats really true but more of a way to promote Surge.  Cardnals proved developed and producing is quite a bit higher then Surge's. Surge is on more of a treadmill.  IKf Surge stops drilling they lose about 5000 barrels a day as oppose to cardnals 2200 barrels a day.  HMMMMM.  The presentatrion 3 months ago he states he's dripping his shares.  I don't see him purchasing any.  Did he sdell all his shres out?
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