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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) > Ninepoint Partners Out
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Comment by Al42on Feb 06, 2024 12:13pm
215 Views
Post# 35865488

RE:RE:RE:Ninepoint Partners Out

RE:RE:RE:Ninepoint Partners Out
Looks like he bought Precision Drilling in the low 70 dollar range with the proceeds
and it is now over 87 dollars. He started selling surge around November in the high 7 dollar range and probably got rid of the rest around $6.50 ish. Not a bad switch.
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Dealroom for high-potential pre-IPO opportunities