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Surge Energy Inc (Alberta) T.SGY

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

Surge Energy Inc. is a Canada-based oil focused exploration and production (E&P) company. The Company's business consists of the exploration, development and production of oil and gas from properties in Western Canada. It holds focused and operated light and medium gravity crude oil properties in Alberta, Saskatchewan and Manitoba, characterized by large oil in place crude oil reservoirs with low recovery factors. It offers exposure to two of the five conventional oil growth plays in Canada: the Sparky and SE Saskatchewan. It holds a dominant land position and is drilling a mix of horizontal multi-frac and horizontal multi-lateral wells in the Sparky area. Sparky is a large, well established oil producing fairway in Western Canada. SE Saskatchewan is a focused operated asset base with light oil operating netbacks. SE Saskatchewan operates low-cost wells with short payouts and offers potential for continued area consolidation.


TSX:SGY - Post by User

Bullboard Posts
Comment by slacker101on Apr 02, 2014 2:17pm
239 Views
Post# 22401561

RE:RE:RE:RE:RE:RE:RE:RE:Looks like we will be stuck here............

RE:RE:RE:RE:RE:RE:RE:RE:Looks like we will be stuck here............w8asec - that too is incorrect.  Income is income, whether employment or dividend.  The tax treatment on dividend income is more favourable than emploment income because of the dividend tax credit.

My question - did you short the stock today? If not, why not?
Bullboard Posts