Surge Energy Inc (Alberta) T.SGY

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

Energy Oil & Gas E&P

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.

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Surge Energy Inc (Alberta) > Everything except ONE!

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Comment by Baystboy07on May 06, 2022 9:17am

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Post# 34661602

RE:RE:RE:RE:RE:RE:RE:Everything except ONE!

marginal tax rate in Canada is 39%....capital gains tax is 25% effective...if you have a lower rate than 39% then you are not in the top tax tracker...which I am...get lost dude...the more you post the more ignorant you show yourself...you have been muted now.

stocks123ST wrote: Bayboy
Every time you post you show yourself...
The beauty of dividends by Canadian companies is that you get it for almost free!!!
The dividend tax credit is manna from your government.
A capital gains are less tax effecient than dividends.