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Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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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.


TSX:SGY - Post by User

Surge Energy Inc (Alberta)
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Post by PressReleaseon May 08, 2024 6:13pm
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Post# 36029893

New Press Release - SURGE ENERGY INC. ANNOUNCES FIRST QUARTER FINANCIAL & OPERATING RESULTS; OPERATIONS UPDATE; EXPANDED FIRST LIEN REVOLVING CREDIT FACILITY; RELEASE OF 2023 SUSTAINABILITY REPORT

New Press Release - SURGE ENERGY INC. ANNOUNCES FIRST QUARTER FINANCIAL & OPERATING RESULTS; OPERATIONS UPDATE; EXPANDED FIRST LIEN REVOLVING CREDIT FACILITY; RELEASE OF 2023 SUSTAINABILITY REPORT
CALGARY, AB, May 8, 2024 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) is pleased to announce the Company's financial and operating results for the quarter ended March 31, 2024, an update on Surge's latest drilling results, an increase to Surge's first lien revolving credit...read article.
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Dealroom for high-potential pre-IPO opportunities