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Bullboard - Stock Discussion Forum Surge Energy Inc (Alberta) T.SGY

Alternate Symbol(s):  ZPTAF | T.SGY.DB.B

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) > Future balance sheet...
View:
Post by sunshine7 on Oct 25, 2021 11:19pm

Future balance sheet...

Is all you should be considering IMO. at $90 oil it can be shored up real quick. "This oil market will remain tight and that should mean a headline or two away from $90 oil," he added. Goldman Sachs said Brent is likely to push above its year-end forecast of $90 a barrel. The bank estimated switching to oil from gas may add 1 million barrels per day (bpd) to oil demand.
Comment by ppp on Oct 26, 2021 9:28am
Agreed, the potential is tremendous.
Comment by Joe455 on Oct 26, 2021 10:15am
Easy double from here.
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