Surge Energy Inc (Alberta) T.SGY.DB.B

Primary Symbol: T.SGY Alternate Symbol(s): ZPTAF

Energy Oil & Gas E&P

Surge Energy Inc. is a Canada-based oil focused exploration and production company. The Company’s business consists of the exploration, development and production of oil and gas from properties in western Canada. Its operations include Sparky and SE Saskatchewan. Its supporting assets include Valhalla, Greater Sawn and Shaunavon. The Sparky operation offers light/medium crude oil production with compelling returns. The SE Saskatchewan operation maintains asset base oil operating netbacks. It has low-cost wells with short payouts and potential for continued area consolidation. The Valhalla operation is offering stacked pay multi-zone potential with light oil and provides range of area infrastructure and access to multiple egress options supports attractive operating netbacks. The Shaunavon operation is producing low decline, medium gravity crude oil with high operating netbacks. Its Greater Swan operation consists of concentrated light oil asset with conventional slave point reefs.

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Surge Energy Inc (Alberta) > RE Is Surge a buy now? What do u think as a shareholder?

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Post by auaghunteron Apr 24, 2024 10:41am

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Post# 36005021

RE Is Surge a buy now? What do u think as a shareholder?

Hello to be honest l should have more exposure to oil. l think l really like SGY. lt has a strong buy on Barchart and the chart is starting to look positive. We are also entering a good seasonal play for oil with driving season starting soon. even though thats more gasoline? Could one of you shareholders give me your opinion on Surge Energy. Thnx GLTA

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