Surge Energy Inc.

 Surge Energy Inc. announces that its Board of Directors has formally approved the Company's 2019 capital budget, production and operation guidance. Surge's 2019 budget is consistent with its stated goal of delivering consistent shareholder returns through disciplined per share growth, as well as a sustainable dividend. 2019 GUIDANCE; Given the recent extreme volatility in both West Texas Intermediate crude oil prices [...]

 Moss Creek Resources Holdings, Inc. , a wholly owned subsidiary of Surge Energy US Holdings Company, today acknowledged that the press release made by its indirect parent, Shandong Xinchao Energy Co., Ltd. on January 4, 2019 relating to shareholder approval of a potential debt financing by the Company was a requisite approval by Xinchao shareholders in connection with its application to the relevant regulatory [...]

 Moss Creek Resources Holdings, Inc. , a wholly owned subsidiary of Surge Energy US Holdings Company, today clarified that the public filing made by its indirect parent, Shandong Xinchao Energy Co., Ltd. on December 20, 2019 with the Shanghai Stock Exchange relating to a potential debt financing by the Company was a requisite filing by Xinchao in connection with its application to the relevant regulatory authorities in [...]

 Surge Energy Inc. confirms that a cash dividend to be paid on January 15, 2019 in respect of December 2018 production, for the shareholders of record on December 31, 2018 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 [...]

Surge Energy Inc. confirms that a cash dividend to be paid on December 17, 2018 in respect of November 2018 production, for the shareholders of record on November 30, 2018 will be $0.008333 per share. The Company had previously announced that it anticipated increasing its dividend by 25% following the completion of the Company's $320 million, accretive, light oil acquisition of Mount Bastion Oil & Gas Corp., which closed [...]

Surge Energy Inc. announces its operating and financial results for the quarter ended September 30, 2018. FINANCIAL AND OPERATING HIGHLIGHTS Three Months Ended September 30, Nine Months Ended September 30,  2018 2017 % Change 2018 2017 % Change Financial highlights Oil sales 85,946 50,563 70 % 233,954 152,973 53 % NGL sales 3,598 2,158 67 % 8,546 6,680 28 % Natural gas sales 1,492 3,704 % 3,920 11,995 % Total oil, natural [...]

 Moss Creek Resources Holdings, Inc. , a wholly owned subsidiary of Surge Energy US Holdings Company, today announced that it will be presenting and hosting one-on-one meetings at the Bank of America Merrill Lynch Leveraged Finance Conference in Boca Raton, FL from December 3rd to December 5th, 2018. President and Chief Executive Officer, Dexter Burleigh, will present with the presentation scheduled at 9:30 a.m. Eastern [...]

Surge Energy Inc. is pleased to announce that it has successfully completed the previously announced acquisition of Mount Bastion Oil & Gas Corp. pursuant to an arrangement under the provisions of the Business Corporations Act . SPECIAL MEETING RESULTS; GREATER THAN 99% VOTE IN FAVOR All of the issued and outstanding common shares of MBOG were acquired by Surge for aggregate consideration consisting of $145 million in [...]

Surge Energy Inc. confirms that a cash dividend to be paid on November 15, 2018 in respect of October 2018 production, for the shareholders of record on October 31, 2018 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 [...]

Surge Energy Inc. confirms that the joint management information circular and form of proxy with respect to the proposed plan of arrangement involving Surge and Mount Bastion Oil & Gas Corp. have been mailed to the Surge shareholders of record as of September 24, 2018. Surge confirms that the Circular and form of proxy can be accessed and viewed on the Company's website or on the Company's profile on SEDAR . A meeting of [...]