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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 Jan 18, 2024 10:58am
134 Views
Post# 35833595

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:BNN market call

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:BNN market callDon't worry.  He will never get it.  What Ceo slams other companies paths they take?  What other Ceo talks about their olwn company with their own CFO and invester relation people on U tube?  They ask  questions amongst to each other.  They should all. know their own company, but I'm pretty sure they are just trying to promote gtheir company and it looks like the markets catching on.  This company is to risky for my blood with their debt level and higher decline rates compared to others.
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