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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.


TSX:SGY - Post by User

Surge Energy Inc (Alberta) > Everyone enjoying the dividend yet?
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Comment by Baystboy07on Jun 23, 2022 11:22am
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Post# 34777122

RE:RE:RE:RE:Everyone enjoying the dividend yet?

RE:RE:RE:RE:Everyone enjoying the dividend yet?

make that 24 months of dividends now.


Baystboy07 wrote: They should bring down debt and the share count...screw the dividend...today we are down 20 months of dividends alone...continued mismanagement...all Paul cares about is lining his pockets with a dividend.

 

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