RE:Penny ???Its updated annually. Last one I can find is the 2020 Annual Information Form (pg.13-14): https://www.surgeenergy.ca/wp-content/uploads/2021/03/sgy-2020AIF.pdf
The Corporation is obligated to abandon, retire and reclaim wells and well sites in compliance with applicable environmental laws and regulations. As of December 31, 2020, the Corporation has recordedan asset retirement obligation of $294.7 million. The Corporation anticipates that the expenditures necessary to satisfy the asset retirement obligation will be incurred over a period of twenty years, with the majority of the expenditures being incurred from years 2021 to 2041. Other than asset retirement obligations and ordinary course operational expenditures necessary to ensure environmental compliance, the Corporation is not aware of any environmental protection requirement that will impact its capital expenditures, earnings or competitive position in a manner disproportionate to that of its peers in its area of operations.
soundandfury wrote: Do you know the amount sgy (ASSET RETIREMENT OBLIGATIONS)........I cant seem to find it anywhere......the $ amount in total i mean