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

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

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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Surge Energy Inc (Alberta) > SGY Licences

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Post by uwebb429 on Feb 08, 2024 7:16pm

SGY Licences

RBC reports 13 well licences for SGY. 8 horizontal Sparky, 4 horizontal Frobisher where they recently drilled a pair of 300 boe/d wells, and another horizontal well for Midale.

https://twitter.com/rockcreekfreak/status/1755642314859364416

I saw another licence issued last November for a well about 65 km NW of Grande Prairie near Valhalla.

[url=https://www.google.com/maps/dir/55.488564,+-119.237972/Grande+Prairie,+AB/@55.3291227,-119.3374698,10z/data=!3m1!4b1!4m12!4m11!1m3!2m2!1d-119.237972!2d55.488564!1m5!1m1!1s0x5390914965fb9b97:0x60726bc60c9e6409!2m2!1d-118.7884808!2d55.170691!3e0?entry=ttu]13-7-75-8 W6[/url]

Cash flow must be good. I did not think SGY had any plans drilling on their northern properties this winter at the current price of oil. Hopefully Paul has some good year end news to report on March 6th.

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