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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) > Was it a bad report?
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Comment by unc12345on Nov 14, 2024 10:05am
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Post# 36312559

RE:RE:RE:RE:RE:RE:RE:RE:Was it a bad report?

RE:RE:RE:RE:RE:RE:RE:RE:Was it a bad report?I could live with a buyout TBH.  I'd take quite a loss here (longtime holder) even if it was at a premium, but at least the agonizing over whether to get out of this would be over.  Someone awhile back mentioned a poison pill...does anyone know anything about this?  Could be the reason we aren't being bought out.
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