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) > price

<< Previous

Bullboard Posts

Next >>

Comment by PreludeSHon Oct 10, 2024 2:21pm

114 Views

Post# 36261394

RE:price

Debt still high relative to other oil plays, and management that loves doing M&A.

befree wrote: amazing last couple days oil up from 72 to 76 and SGY manages to hold or dip just a bit
some frustrating and we have alot of shares in this one i just cannot understand why it cannot move
look at the analyst targets what gives ?

befree
in the Maritimes