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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 unc12345on May 28, 2024 8:12am
234 Views
Post# 36059936

RE:RE:High Volume

RE:RE:High Volume So you think he just outright lies on national TV?  It's possible I guess, but didn't he say that SGY is just an irrelevant stock, not big enough to warrant interest in its current state, despite the cash flow potential?  I guess everyone can change their mind based on the current facts, but that would seem like quite an about face by him.  I hope  it's true that there is more interest.
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