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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...
low recovery factors. It offers exposure to two of the five conventional oil growth plays in Canada: the Sparky and SE Saskatchewan. It holds a dominant land position and is drilling a mix of horizontal multi-frac and horizontal multi-lateral wells in the Sparky area. Sparky is a large, well established oil producing fairway in Western Canada. SE Saskatchewan is a focused operated asset base with light oil operating netbacks. SE Saskatchewan operates low-cost wells with short payouts and offers potential for continued area consolidation.
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TSX:SGY - Post Discussion
Surge Energy Inc (Alberta)
> No change in production
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•••
Rockyboy2015
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Post by
Rockyboy2015
on May 24, 2022 6:58pm
No change in production
Surge is on target for 21,500 production. Nothing new or exciting.
(106)
•••
Binkie
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Comment by
Binkie
on May 25, 2022 4:58pm
Thanks RB2015, steady as she goes
Thank You
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