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Bullboard - Stock Discussion Forum
Surge Energy Inc (Alberta)
T.SGY
Alternate Symbol(s):
ZPTAF
|
T.SGY.DB.B
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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Bullboard (TSX:SGY)
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•••
PressRelease
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PressRelease
on May 15, 2024 6:01am
New Press Release - SURGE ENERGY INC. CONFIRMS JUNE 2024 DIVIDEND
CALGARY, AB, May 15, 2024 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) confirms that a cash dividend to be paid on June 17, 2024, in respect of May 2024 production, for the shareholders of record on May 31, 2024, will be $0.04 per share.The dividend is an eligible dividend for...
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(463)
•••
uwebb429
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Comment by
uwebb429
on May 15, 2024 1:52am
RE:RE:RE:Surge paid $240M for Shaunavon for 3600bpd ($67K per barrel)
> Yah...just to show what Paul paid for Shaunavon. I figured out why you were posting that about 2 seconds after my reply. I hate not having an edit or delete button. Paul will not win
...more
(463)
•••
uwebb429
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Post by
uwebb429
on May 15, 2024 1:44am
Surge Asset Sale
Surge has assets at Sawn Lake, Evi-Otter, Red Earth and Valhalla up for sale. Total production, 3754 boe/d. https://twitter.com/emmpeethree/status/1790392452635066738 Tthe proceeds can go towards
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(44)
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PreludeSH
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Comment by
PreludeSH
on May 15, 2024 1:43am
RE:RE:Surge paid $240M for Shaunavon for 3600bpd ($67K per barrel)
Yah...just to show what Paul paid for Shaunavon...let's see what price he gets to sell it. In the video he says Shaunavon is now 900 bpd...at a valuation of $35K per barrel, that maybe
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(463)
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uwebb429
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Comment by
uwebb429
on May 15, 2024 1:32am
RE:Surge paid $240M for Shaunavon for 3600bpd ($67K per barrel)
That news article is from June 12, 2013
(44)
•••
PreludeSH
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Post by
PreludeSH
on May 14, 2024 10:29pm
Surge paid $240M for Shaunavon for 3600bpd ($67K per barrel)
https://www.cbc.ca/news/canada/saskatchewan/surge-energy-buys-sask-oil-assets-from-cenovus-for-240m-1.1373429
(2)
•••
tri-stock
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Post by
tri-stock
on May 14, 2024 10:17pm
Buying again???
Shaunavon has sold. So history suggests Paul will buy again. SE Sask?
(0)
•••
PressRelease
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Post by
PressRelease
on May 14, 2024 6:52pm
New Press Release - Surge Energy Inc. Announces Annual General Meeting Voting Results
CALGARY, AB, May 14, 2024 /CNW/ - Surge Energy Inc. (the "Company" or "Surge") (TSX: SGY) announces that at its annual meeting of shareholders held on May 14, 2024 the following nine director nominees were elected: Votes ForVotes Withheld #%#%James PasiekaMarion Burnyeat23,061,92821,545...
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(51)
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Baystboy07
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Comment by
Baystboy07
on May 14, 2024 12:37pm
RE:RE:Paul's spin on Q1...
Have you looked at the stock price over 5/years dude. The guy is an idiot that buys high and then is forced to sell to manage debt. How is the Mt Bastion acquisition working out for them.
(52)
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harvester
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Comment by
harvester
on May 14, 2024 7:25am
RE:RE:Paul's spin on Q1...
Should knoqw by mid June
(6)
•••
aegisfang9
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Comment by
aegisfang9
on May 14, 2024 1:52am
RE:Paul's spin on Q1...
Paul Colbourne is a smart cookie
(44)
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PreludeSH
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Comment by
PreludeSH
on May 13, 2024 6:33pm
RE:Paul's spin on Q1...
A little over 28 minutes in, Paul says they have an offer they are considering for the Shaunavaugn asset. He thinks Shaunavaugn will be sold so hopefully that helps get to the next debt target.&
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PreludeSH
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Post by
PreludeSH
on May 13, 2024 5:22pm
Paul's spin on Q1...
(52)
•••
harvester
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Comment by
harvester
on May 10, 2024 7:05pm
RE:Credit line increase
Definitely a Q 1, 2024 highlight.
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