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Bullboard - Stock Discussion Forum 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... see more

TSX:SGY - Post Discussion

Surge Energy Inc (Alberta) > I hate to be this critical but i'm i mood to rant
View:
Post by soundandfury on Dec 30, 2020 7:20pm

I hate to be this critical but i'm i mood to rant

Speaking of sgy current production of 18,000 bpd.........this is what our production was before spending 320 million to increase our production to 23,000 bpd....at least that is what they ked us to believe.....so why did sgy spend all that money for no gain in production from 2018 level? Also sgy has been financing its executive compensation with shareholder dilution to the tune of 4.5 % annually........they have been selling shares gifted to them in the public market........what a sad bunch we have for management......managements very own cash cow.....thats it i'm done.....happy new year
Comment by ariesleaf on Dec 31, 2020 11:14am
All Management should take our hints and Quit. Before you go leave your years salary on the desk.If your looking for a bonus kick yourself in the butt.
Comment by Theconsortman on Dec 31, 2020 11:14am
The ever present reality of declines.
Surge Energy Inc (Alberta)