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.

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Surge Energy Inc (Alberta) > WTI up sharply and Surge and others treading water

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Post by ACESoveron Dec 03, 2024 11:42am

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Post# 36342988

WTI up sharply and Surge and others treading water

Current price on WTI is $70.01 +$1.91 and Surge clinging on to a half penny gain. I follow but don't own MEG, ATH and BTE. The first 2 are slightly red and BTE up a couple pennies. Go figure or just more of the usual bankster manipulation.

ACE$

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