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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) > Have we arrived at a consencus on net debt yet?
View:
Post by soundandfury on Jan 17, 2022 2:34pm

Have we arrived at a consencus on net debt yet?

Is it $320 million or $380 million?
Comment by downtozero on Jan 17, 2022 2:48pm
I sent an email to their info line asking for clarification.
Comment by ppp on Jan 17, 2022 2:51pm
Thanks for that.
Comment by downtozero on Jan 17, 2022 4:41pm
I checked the 2020 financial report. It does show $381M net debt. So all those tables of numbers at the back of this press release are meaningless since they're for 2020! What a waste of time.
Surge Energy Inc (Alberta)