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

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TSX:SGY - Post Discussion

Surge Energy Inc (Alberta) > Their debt and liability make them a ghost company

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Post by soundandfury on Nov 08, 2021 12:38pm

Their debt and liability make them a ghost company

Any potential buyers are scared to death at the size of their debt.........lol

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Comment by geezer21 on Nov 09, 2021 8:49am

"Any potential buyers are scared to death at the size of their debt.........lol" Really? You know that for sure? The lenders were not afraid to loan SGY money. All the other oil producers are carrying debt and with rising oil prices are now paying that debt down. Shares are still being held by a lot of people and institutions. Hardly appears they are scared to death.

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Surge Energy Inc (Alberta)