Surge Energy Evaluates Plays Faster, with Greater Confidence

In a fluctuating market, M&A deals are a challenge to execute for many Canadian oil & gas companies, and Surge Energy’s acquisition of Mount Bastion Oil and Gas Corp. was no exception. To make a confident, sound decision, the company needed access to accurate Play Metrics analysis – quickly.

Project Highlights

  • Canadian, oil-focused E&P company
  • Expedited asset valuations with an unbiased and relative dataset
  • Access to Sproule ERCE’s expert opinion of production profiles and economic parameters for key Canadian resource plays
  • Solid decision support for acquisitions, in less time
GET IN TOUCH

Challenges:

Expedite type curve evaluations, which could take weeks or even months

Evaluate a prospect more quickly

Make acquisition decisions with unbiased analysis and greater confidence

Solutions:

Rapid, relative analysis on a particular play

The ability to evaluate a prospect with reliable, unbiased results

Greater confidence in asset performance and ROI assessments

Values:

Surge can identify opportunities across Western Canada – helping forecast future cash flow from resource plays and enabling faster decision-making with increased confidence