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.

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Surge Energy Inc (Alberta) > Surge enerdy

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Comment by Al42on Jan 10, 2024 7:26pm

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Post# 35820536

RE:RE:Surge enerdy

Hmm...Morningstar still shows him as an owner of 9 1/2 million shares as of Decmber 31st 2023

https://www.morningstar.ca/ca/report/stocks/ownership.aspx?t=0P00005TL0&lang=en-CA

Ninepoint Partners LP	9.47	4.33	Dec 31, 2023	9,500,000	0	—
Dimensional Fund Advisors LP	1.48	0.26	Dec 31, 2023	1,480,381
197,806	—
(junk)American Century Investment Management, Inc	0.96	0.09	Dec 31, 2023	959,961
1,970	—
State Street Global Advisors	0.38	0.02	Dec 31, 2023	385,643