Surge Energy Inc.

 Moss Creek Resources Holdings, Inc. , a wholly-owned subsidiary of Surge Energy US Holdings Company, announced today that it has priced $500.0 million aggregate principal amount of its 10.5% senior unsecured notes due 2027 in a private offering that is exempt from registration under the Securities Act of 1933, as amended . The Offering is expected to close on May 1, 2019, subject to customary closing conditions. The [...]

 Moss Creek Resources Holdings, Inc. , a wholly-owned subsidiary of Surge Energy US Holdings Company, announced today that, subject to market conditions, it intends to offer $500.0 million aggregate principal amount of senior unsecured notes due 2027 in a private offering that is exempt from registration under the Securities Act of 1933, as amended . The Notes will be senior unsecured obligations of the Company and will [...]

Surge Energy Inc. is pleased to announce that it has entered into a $30 million bought-deal financing of five-year convertible unsecured subordinated debentures with a syndicate of underwriters led by National Bank Financial Inc.. The Debentures will have a coupon of 6.75 percent per annum, and a conversion price of $2.25 per Surge common share . The Company has granted the Underwriters an over-allotment option to [...]

 Moss Creek Resources Holdings, Inc. , a wholly owned subsidiary of Surge Energy US Holdings Company, today announced the drilling of the longest known lateral in the Permian Basin. The Medusa Unit C 28-09 3AH was successfully drilled to a total-measured-depth of 24,592 feet .  This record breaking well was drilled 100% in zone of the Wolfcamp A with a total horizontal displacement of 17,935 feet .  This is the longest [...]

 Surge Energy Inc. confirms that a cash dividend to be paid on May 15, 2019 in respect of April 2019 production, for the shareholders of record on April 30, 2019 will be $0.008333 per share.  The dividend is an eligible dividend for the purposes of the Income Tax Act . Surge Energy Inc. is an oil-weighted production and development company with high quality, large oil in place, crude oil reservoirs.  Management is focused [...]

Moss Creek Resources Holdings, Inc. , a wholly owned subsidiary of Surge Energy US Holdings Company, today announced that it will hold a conference call to discuss its 2018 4th quarter and full year financial results on April 2, 2019, at 11:00 AM EDT .  Hosting the call will be Dexter Burleigh, Chief Executive Officer; Phil Webb, Chief Operating Officer; Linhua Guan, Chief Business Development Officer; and James Welch [...]

Surge Energy Inc. confirms that a cash dividend to be paid on April 15, 2019 in respect of March 2019 production, for the shareholders of record on March 31, 2019 will be $0.008333 per share. The dividend is an eligible dividend for the purposes of the Income Tax Act . Surge Energy Inc. is an oil-weighted production and development company with high quality, large oil in place, crude oil reservoirs. Management is focused [...]

Surge Energy Inc. is pleased to announce its operating and financial results for the quarter ended December 31, 2018, and its year-end 2018 reserves, as evaluated by Sproule. Surge's financial and operating results for the fourth quarter of 2018 include only a partial quarter of the previously announced Mount Bastion Oil & Gas Ltd. light oil acquisition, which closed during the fourth quarter of 2018. MESSAGE TO THE [...]

Surge Energy Inc. confirms that a cash dividend to be paid on March 15, 2019 in respect of February 2019 production, for the shareholders of record on February 28, 2019 will be $0.008333 per share. The dividend is an eligible dividend for the purposes of the Income Tax Act . Surge Energy Inc. is an oil-weighted production and development company with high quality, large oil in place, crude oil reservoirs.  Management is [...]

 Moss Creek Resources Holdings, Inc. , a wholly owned subsidiary of Surge Energy US Holdings Company today announced preliminary 2018 results, 2019 activity guidance and management transition. Preliminary 2018 Results Q4 2018 production of 43.2 Mboe/d , up 38% vs Q4 2017; full year 2018 production of 40.3 Mboe/d , up 62% year over year Proved reserves as of December 31, 2018 of 271 MMboe , up 5% year over year For the [...]