Surge Energy Inc.

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./ CALGARY, Jan. 8, 2014 /CNW/ - The Board of Directors of Surge Energy Inc. ("Surge" or the "Company") ("SGY": TSX) has approved the Company's 2014 capital expenditure program. In 2014 Surge will spend a budgeted $114.5 million, and deliver the following: Growth in annual production of more than 40% over 2013; in 2014 Surge is [...]

Surge Energy reconfirms the previously announced cash dividend to be paid on January 15, 2014 in respect of December 2013 production, for the shareholders of record on December 31, 2013 will be $0.04333 per share. The dividend is an eligible dividend for the purposes of the Income Tax Act (Canada).

Surge Energy is pleased to announce that it has now closed the previously announced acquisition (the "Acquisition") of a high quality, low decline, operated, crude oil producing asset strategically located near Wainwright in the Company's core area of Central Alberta (the "Assets"). The Assets include over 980 barrels per day of primarily medium gravity crude oil production (with a historical nine percent annual decline [...]

Surge Energy is pleased to announce that it has closed the previously announced financing detailed in the Company's press release dated November 6, 2013. The financing was completed in connection with the previously announced acquisition (the "Acquisition") by the Company of certain assets in Alberta. The Company issued 8,400,000 subscription receipts of the Company ("Subscription Receipts") at a price of $6.55 per [...]

CALGARY, Nov. 15, 2013 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) confirms that a cash dividend to be paid on December 16, 2013 in respect of November 2013 production, for the shareholders of record on November 29, 2013 will be $0.04166 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, Nov. 13, 2013 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) is pleased to announce that it has now closed two previously announced strategic, high quality light oil acquisitions (the "Acquisitions"). The first acquisition (the "Privateco Acquisition") involved the $147 million purchase of all of the shares of a Calgary based private oil and gas company ("Privateco"), with high netback [...]

Surge Energy announced today that it has entered into an agreement to acquire a high quality, low decline, operated, crude oil producing asset strategically located near Wainwright in the Company's core area of Central Alberta. The Assets include over 980 barrels per day of primarily medium gravity crude oil production (with a historical 9 percent annual decline), producing from the Sparky Formation. The purchase price [...]

CALGARY, Nov. 4, 2013 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") is pleased to announce its financial and operating results for the three and nine month periods ended September 30, 2013. FINANCIAL AND OPERATING SUMMARY ...

CALGARY, Oct. 22, 2013 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") announced today two strategic, high quality light oil acquisitions. The first acquisition involves the $147 million purchase of all of the shares of a Calgary based private oil and gas company (the "Privateco"), with high netback, operated, producing light oil assets focused in the Steelman area of SE Saskatchewan, and the Dodsland area of SW [...]

Surge Energy confirms that a cash dividend to be paid on November 15, 2013 in respect of October 2013 production, for the shareholders of record on October 31, 2013 will be $0.035 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 quality, large oil in place, crude oil reservoirs. Management is [...]