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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) > hedges
View:
Post by Theconsortman on Apr 29, 2021 2:13pm

hedges

What was the production rate of the property they divested? The drilling program is going to have to backfill that to get back to even.
Comment by Dibah420 on Apr 29, 2021 2:52pm
If crude has gone up by $xx   since divestment then back fill  barrels don't have to be 1:1.
Comment by pointer on Apr 29, 2021 8:48pm
This post has been removed in accordance with Community Policy
Comment by Theconsortman on Apr 29, 2021 9:32pm
Yeah I guess I did. What was the effective date of the disposition and when does Surge anticipate the new drilling to be on stream? 
Comment by pointer on Apr 29, 2021 10:22pm
This post has been removed in accordance with Community Policy
Surge Energy Inc (Alberta)
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