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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 dllscwbysfnon Apr 04, 2024 10:40am
150 Views
Post# 35970309

RE:RE:RE:Wonder why I am critical of this management team…

RE:RE:RE:Wonder why I am critical of this management team…I see, so now I am the idiot. I can tell you this much smart guy that I would never invest in or hold a stock where I thought management are idiots. Simply sell and go find that management team that are brilliant like you, should be easy you being such a smart guy.
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