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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) > BMO analyst Jeremy McCrea
View:
Post by Taffypalmer2014 on Aug 29, 2024 9:43am

BMO analyst Jeremy McCrea

BMO analyst Jeremy McCrea has a novel method for uncovering value in the domestic oil patch,

Surge (Frobisher): Surge continues to show very strong Frobisher wells, with the most recent well topping our chart - the 3-3 well producing an astonishing 633 bbls/d over 31 days. We also highlight Rubellite, Headwater, and Advantage”
Comment by dllscwbysfn on Aug 29, 2024 1:13pm
So that is about 1.5 million bucks from ONE well in ONE month. Not to shabby!
Comment by uwebb429 on Aug 30, 2024 4:43pm
The soon to be famous 3-3 well is located just over a mile SSE of Lampman, SK. The numbers I have for the end of June show 623 boe/d of oil + 83 boe/d of gas.  Stampede Drilling Rig #2 spud a follow up well last Friday for Surge in the same Lampman area.  https://i.imgur.com/bccgRm7.png
Comment by Taffypalmer2014 on Aug 31, 2024 11:22am
Yeh nice well hopefully get a few more like this one. What kind of drill is this horizontal I assume, how many legs???
Comment by lnggasfor202324 on Sep 03, 2024 9:03pm
Yeah good call Jermey.  Over 5% down today..  Go ahead put your money with Pauly and see what happens.  I think Pauly should have been a magician seems to make money evaporate.
Comment by Al42 on Sep 04, 2024 3:27pm
72 cents pre consolidation today!! Great job Pauly!! Don't have much to worry about capital gains with this best in the patch E&P company.