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Bullboard - Stock Discussion Forum 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... see more

TSX:SGY - Post Discussion

Surge Energy Inc (Alberta) > Asset Sale
View:
Post by Primetime1 on Mar 05, 2021 12:09pm

Asset Sale

Am I correct that they received $106M for what appears to be a relatively small (?) percentage of their overall production? If so, what does this imply about how valuable the rest of their remaining land might be? Thanks 

Long SGY.TO
Comment by daniel004 on Mar 05, 2021 12:37pm
You are bang on Primetime1.
Surge Energy Inc (Alberta)
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