CIBC Reiterates “Hold” Rating for Surge Energy (ZPTAF)

Surge Energy (OTCMKTS:ZPTAF)‘s stock had its “hold” rating reaffirmed by stock analysts at CIBC in a report issued on Wednesday.

Shares of OTCMKTS:ZPTAF opened at $1.32 on Wednesday.

About Surge Energy

Surge Energy Inc engages in the exploration, development, and production of oil and gas properties in western Canada. The company holds interests in the Valhalla/Wembley property located to the northwest of Grand Prairie in northwestern Alberta; the Nipisi property located to the north of the town of Slave Lake, in northwestern Alberta; and the Nevis property located to the east of Red Deer, Alberta.

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