50.24$US/1 Barrel
58.80$US/1 Barrel
54.20$US/1 Barrel
71.00$US/1 Barrel
75.61$US/1 Barrel
75.71$US/1 Barrel
77.66$US/1 Barrel
70.34$US/1 Barrel
70.24$US/1 Barrel
68.44$US/1 Barrel
50.83$US/1 Barrel
56.48$US/1 Barrel
55.28$US/1 Barrel
61.48$US/1 Barrel
59.82$US/1 Barrel
60.50$US/1 Barrel
62.00$US/1 Barrel
56.75$US/1 Barrel
61.75$US/1 Barrel
63.25$US/1 Barrel
485.00$US/MT
378.00$US/MT
705.00$US/MT
585.00$US/MT
508.00$US/MT
465.50$US/MT
368.00$US/MT
395.25$US/MT
678.00$US/MT
774.75$US/MT
Surge Energy Inc. is an oil focused E&P company that has a high quality crude oil reserve, production and cash flow base. Surge has elite, operated properties characterized by large OOIP crude oil reservoirs with low recovery factors, an extensive 14 year inventory of more than 700 net low risk development drilling locations, several high quality waterflood projects, and an excellent balance sheet. Surge's management team has initiated an orderly, on-going risk management/hedging program designed to protect cash flows, fund capital expenditures, and to pay dividends
Surge Energy Inc. has the highest standards of honesty, business ethics and integrity. Managements' stated goal is to be the best positioned junior/intermediate oil and gas company in Canada.
Surge has a high quality crude oil reserve, production and cash flow base, focused in just three areas. The Company has elite, operated properties characterized by large OOIP crude oil reservoirs with low recovery factors. Surge has an extensive 14 year inventory of more than 700 net low risk development drilling locations, several high quality waterflood projects, and an excellent balance sheet. Management has initiated an orderly, on-going risk management/hedging program designed to protect cash flows, fund capital expenditures, and to pay dividends. Surge's common shares currently trade on the Toronto Stock Exchange under the symbol SGY.
Defined Business Strategy:
Provide a sustainable, protected, annual dividend to shareholders, payable monthly; and
Grow, cost effectively, at 3-5% per year on a reserves, production and cash flow per share basis; and
Pursue additional growth through accretive acquisitions targeting high quality, large OOIP assets, with low recovery factors.
Company Name | Surge Energy Inc |
Business Category | Oil & Gas |
Address | 2100, 635, 8th Ave. SW Calgary Alberta Canada ZIP: T2P 3M3 |
President | Paul Colborne, President & Chief Executive Officer |
Year Established | 2010 |
Employees | 200 |
Memberships | NA |
Hours of Operation | NA |
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