Point of View: Surge Global Energy chief sees big oil sands potential

04/24/2006
Canadian oil sands will advance Alberta’s status as a North American oil and gas hub beyond generally held expectations, says David Perez, chairman and chief executive of Surge Global Energy Inc., San Diego.Surge Global Energy is the parent of the former Surge Global Energy (Canada) Ltd., which was incorporated in 2005 as Signet Energy Inc.Signet, soon to become publicly traded, operates the Sawn Lake oil sands project in Alberta. Covering 44,480 acres, the project targets 820 million-1.2 billion bbl of 10º-13º oil in place (OGJ Online, Jan. 20, 2006). The area has produced oil for more than 25 years from the Upper Devonian Slave Point formation.Perez, who re-cently became...
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