Surge Energy Inc (Alberta) T.SGY

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

Energy Oil & Gas E&P

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.

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Surge Energy Inc (Alberta) > Overreaction

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Comment by unc12345on Mar 15, 2022 10:40am

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Post# 34514933

RE:RE:Overreaction

Baystboy07 wrote: This type of commodity volatility is exactly why they should concentrate on PAYING DOWN DEBT and putting up a NCIB rather than a dividend first....GLTA

I agree with that. I would like to know how much people lose in capital gains trying to hang on for a dividend? I know I have held on in a few situations where I should have simply taken the good gain and run! I think proving they can do a sustainable level of dividend, so people can count on it, would help prop up the share price and obviously help the math of it all in the longer term.

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