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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) > Q4 hedges 8500 bpd@$57.52 cad
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Post by soundandfury on Dec 01, 2021 2:19pm

Q4 hedges 8500 bpd@$57.52 cad

I would say the hedge losses in q4 will be $5.00 to 7.00.........this should be about 8% of average price recieved..........although not fantastic it is definately not as ugly as $15.00 per barrel in q2
Comment by twinjett on Dec 01, 2021 2:49pm
It also helps that 12500 bpd are not hedged. Let's not forget that fact.
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