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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

Post by Franman184on Apr 21, 2024 7:49pm
503 Views
Post# 36000509

Current CO2 famine

Current CO2 famineCurrent CO2 levels in the Atmosphere 423 parts per million
For the last 550 million years we were as high 7000 parts per million
We are currnetly in a CO2 famine relative to the last 550 million years
In the last 20 thousand years we almost became extinct as the CO2 levels dipped to 180 parts per million.
130 parts per million would have meant extiinction of plants and eventually humans.
Photosynthesis requires CO2. A greener plant requires more CO2
We dont have enough fossil fuels to burn to bring the planet back to a normall level of about 2000 parts per million. 
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