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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
Post by canada110on Sep 15, 2015 12:45pm
160 Views
Post# 24105336

??

??guys i'm new to dividends.. so what exactly does this mean

" confirms that a cash dividend to be paid on October 15, 2015 in respect of September 2015 production, for the shareholders of record on September 30, 2015 will be$0.025 per share. "

can i buy this stock on sept 29 for instance and hold and collect my divend on oct 15? do i need to hold this through oct 15?\


thank you in advance
Bullboard Posts