Most recent Drilling
I found this https://boereport.com/tag/surge-energy/#topFormation Its dated Jan 3, 2018. Not sure where previous poster got such detailed info from. Insiders keep buying lots. Balance sheet is good. Dividend is good and sustainable. I own shares in my TFSA and RRSP at various prices $2.76 and the bulk at $2.15 down to $1.92. With divs being tax free they will cost down original stock prices buys pretty fast so if stock just goes sideways until sentiment improves it doesn't bother me. Being semi-retired I like the steady cash flow. Its a proven fact that over long term 70% of gains comes from dividends as long as company is well run. I've gone thru the accounting statements of SGY and see no problems. So as long as their accounting firm is being honest I'm happy to keep holding SGY LONG. As for a previous post asking what are they spending capex on. From above link I'd say on drilling wells and increasing production. If anyone else has gone thru the financials in detail and has link to better drilling details and has spotted something I may have missed please provide details and links to info. And I mean from SERIOUS investors in the company. Not from quick traders that are doing slot machine trading. I'm looking for constructive comments and dialogue NOT immature off the cuff remarks.