Bullboard - Stock Discussion Forum 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... see more

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Surge Energy Inc (Alberta) > I get 83 million cffo in 2020

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Post by soundandfury on Mar 06, 2021 7:58pm

I get 83 million cffo in 2020

And 46 million capex and dividend..........leaves 37 million fcf in 2020...........not sure if i factored in the 9 million for drilling in q4......so i will say 30 million paid off debt in 2020

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Comment by ppp on Mar 06, 2021 10:16pm

Net Debt End of 19 Bank debt Accounts receivable Prepaid expenses and deposits Accounts payable and accrued liabilities Dividends payable Convertible debentures Total (316,404) 41,486 4,875 (40,848) (2,719) (68,699) (382,309) December 31, 2019 and 2018 Management Discussion and Analysis ...more

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Surge Energy Inc (Alberta)