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.

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Surge Energy Inc (Alberta) > RE Is Surge a buy now? What do u think as a shareholder?

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Comment by lashingon May 01, 2024 10:44am

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Post# 36017202

RE:RE Is Surge a buy now? What do u think as a shareholder?

buy dips or lose out yet again. The cheap prices of just 3 months ago are not coming back

auaghunter wrote: Hello to be honest l should have more exposure to oil. l think l really like SGY. lt has a strong buy on Barchart and the chart is starting to look positive. We are also entering a good seasonal play for oil with driving season starting soon. even though thats more gasoline? Could one of you shareholders give me your opinion on Surge Energy. Thnx GLTA

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