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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 befreeon Aug 26, 2024 3:41pm
166 Views
Post# 36196555

RE:RE:price /management

RE:RE:price /managementyes it is i watch a list of ten oil stocks and today cnq is in my top at 2,46%   meg is in the middle @ 1.89% number 9 is cve  @  1.07 %  and  paul is blazes in at  1.04 %   i will still hold as i believe sooner or later someone will wakeup and buy this company to add to their business
hard to stay positive however we have been fortunate to have a couple of other dogs that got bought out and we made alot of cash
so for now  staying put

befree
in the Maritimes 
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