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

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

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) > Saskatchewan Royalty Incentive Update
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Post by uwebb429 on Mar 25, 2024 2:45am

Saskatchewan Royalty Incentive Update

Notably, we estimate a 35% uplift to the NPV of multi-lateral wells drilled under this regime relative to the existing regime. 

Similarly, the likes of HWX and SGY have assets that could potentially benefit from incremental activity of such a nature (the quantum of which remains to be appreciated).


https://twitter.com/emmpeethree/status/1772119849738846408
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