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Surge Energy Inc (Alberta) T.SGY

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

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)
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Post by Betteryear2on Jan 15, 2024 12:46pm
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Post# 35827188

SURGE ENERGY INC. CONFIRMS FEBRUARY 2024 DIVIDEND

SURGE ENERGY INC. CONFIRMS FEBRUARY 2024 DIVIDENDCALGARY, AB, Jan. 15, 2024 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) confirms that a cash dividend to be paid on February 15, 2024, in respect of January 2024 production, for the shareholders of record on January 31, 2024, will be $0.04 per share.

SURGE ENERGY INC. CONFIRMS FEBRUARY 2024 DIVIDEND (newswire.ca)
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