Latest / KER Commentary – Korelin Economics Report
Surge Energy – Comprehensive Overview Of This Leading Intermediate Canadian Oil Company, Highlighting Strong Q2 Earnings Numbers
Paul Colborne, CEO, of Surge Energy Inc. (TSX: SGY) (OTCQX: SGYEF),provides a comprehensive overview of the value proposition in this leading intermediate Canadian public oil company that produces ~24,000 boepd (89% light and medium gravity conventional crude oil). Surge has a dominant operational position in two core areas in some of the most economic oil plays in North America. Its Sparky and SE Saskatchewan premium, low risk, conventional oil assets possess large reservoirs, low recovery factors, high netbacks, quick well payouts, and a significant 12+ year development drilling inventory.
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