Surge Energy Inc (SGY) NPV

Surge Energy Inc. is an oil and gas exploration, development and production company. The Company 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 low recovery factors. It has a significant inventory of low-risk development drilling locations, including several water flood projects. Its principal oil and natural gas-producing properties are located in Alberta and Saskatchewan and are focused across two core areas: Sparky and Southeast Saskatchewan. Its principal properties in Sparky include the Lloyd/Cummings waterfloods at Giltedge, Silver, and Provost; and operates multiple oil batteries. It is located between Provost and Wainwright in eastern Alberta and western Saskatchewan. Southeast Saskatchewan properties are primarily located in the Southeast corner of the province. It spans developed and undeveloped acres, with 362 oil wells producing mainly light crude.