CALGARY, Sept. 15, 2016 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) confirms that a cash dividend to be paid on October 17, 2016 in respect of September 2016 production, for the shareholders of record on September 30, 2016 will be $0.00625 per share. The dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). Surge Energy Inc. is an oil-weighted production and development [...]
CALGARY, Sept. 6, 2016 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) announces preliminary guidance for 2017, with production averaging more than 13,650 boepd, and a 2017 production exit rate of 14,150 boepd. In addition, Surge announces an upward revision to the Company's previously announced 2016 production exit rate estimate from 13,000 boepd to 13,500 boepd. PRELIMINARY GUIDANCE FOR 2017 In 2017 [...]
CALGARY, Aug. 15, 2016 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) confirms that a cash dividend to be paid on September 15, 2016 in respect of August 2016 production, for the shareholders of record on August 31, 2016 will be $0.00625 per share. The dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). Surge Energy Inc. is an oil-weighted production and development company [...]
CALGARY, Aug. 3, 2016 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) announces its operating and financial results for the quarter ended June 30, 2016. SECOND HALF DRILLING PROGRAM ACCELERATED "Due to the record drilling efficiencies and cost savings Surge has achieved so far in 2016, management chose to use a portion of the proceeds from the Company's first quarter non-core asset sale to accelerate its [...]
CALGARY, July 21, 2016 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) announces excellent development drilling results in each of the Company's three core areas at Shaunavon, Valhalla, and Eyehill (Sparky). This 14 well drilling program has added production of more than 2,000 boepd (85 percent oil; IP/180 day), at an "all-in" on-stream cost1 of $19.75 million - providing a production efficiency of less [...]
CALGARY, July 15, 2016 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) confirms that a cash dividend to be paid on August 15, 2016 in respect of July 2016 production, for the shareholders of record on July 31, 2016 will be $0.00625 per share. The dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). Surge Energy Inc. is an oil-weighted production and development company with [...]
CALGARY, June 15, 2016 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) confirms that a cash dividend to be paid on July 15, 2016 in respect of June 2016 production, for the shareholders of record on June 30, 2016 will be $0.00625 per share. The dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). Surge Energy Inc. is an oil-weighted production and development company with high [...]
CALGARY, May 16, 2016 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) confirms that a cash dividend to be paid on June 15, 2016 in respect of May 2016 production, for the shareholders of record on May 31, 2016 will be $0.00625 per share. The dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). Surge Energy Inc. is an oil-weighted production and development company with high [...]
CALGARY, May 11, 2016 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) announces its operating and financial results for the quarter ended March 31, 2016. POSITIONING FOR THE TURNAROUND In the first quarter of 2016, one of the lowest commodity price quarters for both crude oil and natural gas in many years, Surge management continued to focus on disciplined, conservative balance sheet management, and [...]
CALGARY, May 5, 2016 /CNW/ - Surge Energy Inc. (the "Company" or "Surge") (TSX: SGY) announces that at its annual meeting of shareholders held on May 4, 2016 the following eight director nominees were elected: Votes For Votes Withheld # % # % Paul Colborne 69,865,302 98.77 ...
CALGARY, April 15, 2016 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) confirms that a cash dividend to be paid on May 16, 2016 in respect of April 2016 production, for the shareholders of record on April 30, 2016 will be $0.00625 per share. The dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). Surge Energy Inc. is an oil-weighted production and development company with [...]
CALGARY, April 7, 2016 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) announces the sale of its non-core Sunset property, and the facilities sale at Valhalla, for total proceeds of $43 million; reduction of the Company's dividend; and updated 2016 guidance. CLOSING OF ASSET SALES On March 24, 2016 Surge closed the previously announced sale of certain facilities at its Valhalla light oil and natural gas [...]