CALGARY, Aug. 17, 2015 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) confirms that a cash dividend to be paid on September 15, 2015 in respect of August 2015 production, for the shareholders of record on August 31, 2015 will be $0.025 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, ALBERTA--(Marketwired - Aug. 10, 2015) - NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES Surge Energy Inc. ("Surge" or the "Company") (TSX:SGY) is pleased to announce that the Toronto Stock Exchange (the "TSX") has accepted Surge's notice of intention to make a normal course issuer bid for its outstanding common shares in accordance with the rules and policies of the TSX [...]
CALGARY, Aug. 5, 2015 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) announces its operating and financial results for the quarter ended June 30, 2015, continued drilling success on its Upper Shaunavon crude oil discovery in SW Saskatchewan, and at Valhalla in NW Alberta; two new long term infrastructure solutions at Valhalla; and a share buy back. FINANCIAL AND OPERATING SUMMARY ($000s [...]
CALGARY, July 15, 2015 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) confirms that a cash dividend to be paid on August 17, 2015 in respect of July 2015 production, for the shareholders of record on July 31, 2015 will be $0.025 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, June 29, 2015 /CNW/ - Surge Energy Inc. ("Surge" or "the Company") announced today that, effective immediately, Mr. Maxwell Lof, Chief Financial Officer, will be leaving the Company to pursue other interests. "Surge would like to thank Max for his contributions during his time with the Company. We wish him all the best in his future endeavours," said Paul Colborne, President and CEO. Surge management's stated [...]
CALGARY, June 24, 2015 /CNW/ - Surge Energy Inc. ("Surge" or "the Company") announced today that the Company's management and Board are maintaining a conservative capital spending program for the second half of 2015, which is designed to both protect the Company's net asset value ("NAV") at $6.28 per share, and the Company's excellent balance sheet. While there has been a meaningful recovery in world crude oil prices in [...]
CALGARY, June 15, 2015 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) announces that the Company has successfully closed its previously announced $430 million sale of assets in SE Saskatchewan and Manitoba. Surge also had its bank line confirmed by the Company's bank syndicate at $425 million – post the sale of assets described above – with current net debt of approximately $122 million. In [...]
CALGARY, June 15, 2015 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) confirms that a cash dividend to be paid on July 15, 2015 in respect of June 2015 production, for the shareholders of record on June 30, 2015 will be $0.025 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 15, 2015 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) confirms that a cash dividend to be paid on June 15, 2015 in respect of May 2015 production, for the shareholders of record on May 31, 2015 will be $0.025 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 12, 2015 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) announces record operating results for the three month period ended March 31, 2015. Surge reports record average production of 20,585 boe per day in the first quarter of 2015 on a significantly reduced capital expenditure program. These record results were also achieved despite the sale of over 500 boepd of non-core Viking production in [...]
CALGARY, May 4, 2015 /CNW/ - Surge Energy Inc. (the "Company" or "Surge") (TSX: SGY) announces that at its annual meeting of shareholders held on May 4, 2015 the following eight director nominees were elected: Votes For Votes Withheld # % # % Paul Colborne 67,050,868 99.5 ...
CALGARY, April 27, 2015 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) announces that its previously disclosed Upper Shaunavon crude oil discovery in SW Saskatchewan is continuing to expand with excellent on-going delineation drilling results. Surge now believes that this high quality, conventional sandstone pool is over 250 million barrels of net original oil in place ("OOIP"1), with over 200 (net) low [...]