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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.


TSX:SGY - Post by User

Surge Energy Inc (Alberta) > SGY Declares reinstated dividend payable 07-15-22
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Post by zack50on Jun 15, 2022 6:47pm
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Post# 34759787

SGY Declares reinstated dividend payable 07-15-22

SGY Declares reinstated dividend payable 07-15-22

CALGARY, AB, June 15, 2022 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) is pleased to announce that the Board of Directors has approved the reinstatement of its monthly cash dividend, as part of the Company's previously announced integrated business strategy of returning capital to shareholders, plus production per share growth.

Accordingly, a cash dividend of $0.035 per share will be payable on July 15, 2022 in respect of June 2022 production, for the Surge shareholders of record on June 30, 2022.

 

 

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