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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) > Surge Increased Q3 Drilling To 17 With 100% Success Rate
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Post by geezer21 on Nov 18, 2021 10:11am

Surge Increased Q3 Drilling To 17 With 100% Success Rate

Q1,2,&3 Surge drill 40 wells with 100% success rate.  In Q3 the number of wells drill was increased up to 17.

https://www.surgeenergy.ca/wp-content/uploads/2021/11/Q3-2021-MDA-SEDAR-Final.pdf
Comment by RIPPOR on Nov 18, 2021 10:37am
What constitutes a successful well?
Comment by Theconsortman on Nov 18, 2021 11:09am
Good question. All the Sparky development wells are cased  so that is probably their measure. They don't figure out if they are dogs until a few months into production.
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