Surge offers exposure to two of the top five conventional oil growth plays in Canada: the Sparky & SE Saskatchewan. Each of these plays provides exceptional economics and a depth of drilling inventory.
Concentrated light oil asset with conventional Slave Point reefs.
Stacked pay multi-zone potential. Light oil (~40°API) with extensive area infrastructure and access to multiple egress options = attractive operating netbacks
Light/medium crude oil production with compelling returns. Low on-stream costs with extensive drilling and waterflood inventory provides excellent long term sustainable growth potential.
Producing low decline, medium gravity crude oil with high operating netbacks.
Highly focused, operated asset base with excellent light oil operating netbacks. Low-cost wells with short payouts. Potential for continued area consolidation.
Surge holds a dominant land position and has drilled >55% of all horizontal multi-frac wells in the light/medium window of the Sparky.
Surge’s operational track record of success in SE Saskatchewan make this an exciting growth area.