Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Surge Energy Inc (Alberta) T.SGY

Alternate Symbol(s):  T.SGY.DB.B | ZPTAF

Surge Energy Inc. is a Canada-based oil focused exploration and production company. The Company’s business consists of the exploration, development and production of oil and gas from properties in western Canada. Its operations include Sparky and SE Saskatchewan. Its supporting assets include Valhalla, and Greater Sawn. The Sparky operation offers light/medium crude oil production with compelling returns. The SE Saskatchewan operation maintains asset base oil operating netbacks. It has low-cost wells with short payouts and the potential for continued area consolidation. The Valhalla operation offers a stacked pay multi-zone potential with light oil and provides a range of area infrastructure and access to multiple egress options supports attractive operating netbacks. Its Greater Swan operation consists of concentrated light oil assets with conventional slave point reefs.


TSX:SGY - Post by User

Bullboard Posts
Comment by JackieTreehornon Feb 06, 2015 10:24am
131 Views
Post# 23403437

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Thanks for the ANswer.. so much for investor relations

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Thanks for the ANswer.. so much for investor relationsMoose - Okay, if you're not just trolling here and your comments are truly what you believe, then quite honestly you have no business investing in equities.

The IR department will clarify the information publicly available in the companies' corporate releases and will give investors only that information which is publicly available.   If you really need the company (or anyone else for that matter) to inform you that as economics dictate, the company may make changes and adapt, then you really shouldn't be investing your own money.

MEG Energy had a multibillion dollar CAPEX announced last year.  If you phoned their IR dept this past October and asked them about their 2015 CAPEX, and then bought stock, would you then be irate that they didn't tell you a massive CAPEX reduction was coming?  It's no different here.  Surge cut the dividend in response to the market.  They wouldn't disclose that prior to it being released publicly.  Honestly, Moose, if you rely on a conversation with IR as the basis for making your investment decisions without doing your own financial DD and without using basic common sense as it relates to falling commodity prices, you honestly should not be investing here. 
Bullboard Posts