Surge Energy Inc (Alberta) T.SGY

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[uwebb429]

Surge has a rig in each of their core areas. One near Lampman, SK and one near Hope Valley, AB.

Savanna Drilling Rig 414 started near Fabyan, AB on October 1st. This new location is a 40 km drive SW of Hope Valley. 

This chart from January compares the well Surge drilled near Lampman, SK to all other wells in Saskatchewan. IP30 production was well ahead of Surge's peers. 

https://i.imgur.com/v1KQ356.png

[uwebb429]

Time for some bar napkin math on Surge's 102/01-03-05-06 W2 Lampman well that is shown in the above chart.  For 60 days it averaged over 500 boe/d. 60 days X 500 boe/d X $75 = $2,250,000 That easily covers the $1.6 million drilling and tie-in cost. During the next six monhts, this same well settled in at a fairly steady 275 boe/d. 180 days X 275 boe/d X $75 = $3,712,500 At the

[tri-stock]

We need institutional money to drive up the stock price. We are still considered small. Hopefully with less debt soon, somebody will see the cash cow this company has become.