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Surge Energy Inc (Alberta) T.SGY

Alternate Symbol(s):  ZPTAF | T.SGY.DB.B

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 VeritasVernon Apr 19, 2024 10:38pm
160 Views
Post# 35999247

RE:RE:US to reimpose sanctions on Venezuela’s oil and gas sector

RE:RE:US to reimpose sanctions on Venezuela’s oil and gas sectorChomsky is just another Marxist professor that has never worked beside being a paid student. I've read one of his books, he essentially just spews Marxist ideology and he is in fact illiterate when it comes to economics. Fast forward to today and we see that the Marxism that Chavez imposed has turned a country with the worlds largest oil reserves, into a completely failed state. 
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