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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.


TSX:SGY - Post by User

Surge Energy Inc (Alberta) > RECORD Annual Oil Production from Surge Energy!
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Comment by Franman184on Mar 18, 2024 8:32am
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Post# 35937891

RE:RE:RECORD Annual Oil Production from Surge Energy!

RE:RE:RECORD Annual Oil Production from Surge Energy!So many Canadian Oil and Gas E & P companies are vastly under ated relative to most of the world. Canada down there with questionable countries that have unrealible governments. Maybe we need more promoters in Canada about why this is the place to invest.
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