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Last €2.15 EUR
Change Today -0.022 / -1.01%
Volume 0.0
41Z On Other Exchanges
As of 7:29 AM 10/13/15 All times are local (Market data is delayed by at least 15 minutes).

surge energy inc (41Z) Snapshot

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52 Week High
10/21/14 - €4.77
52 Week Low
08/25/15 - €1.27
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surge energy inc (41Z) Details

Surge Energy Inc. engages in the exploration, development, and production of oil and gas from properties in western Canada. Its principal oil and natural gas producing properties include the Valhalla/Wembley and Nipisi properties located in northern Alberta; Windfall and Nevis properties located in central Alberta; Sparky and Silver Lake properties located in southeastern Alberta; Shaunavon property located in southwestern Saskatchewan; and Macoun, Pinto, Alida, and Manson areas in southeast Saskatchewan. The company was formerly known as Zapata Energy Corporation and changed its name to Surge Energy Inc. in June 2010. Surge Energy Inc. was incorporated in 1998 and is headquartered in Calgary, Canada.

82 Employees
Last Reported Date: 03/19/15
Founded in 1998

surge energy inc (41Z) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: --
Chief Operating Officer
Total Annual Compensation: C$274.5K
Vice President of Land
Total Annual Compensation: C$237.0K
Vice President of Production
Total Annual Compensation: C$231.3K
Compensation as of Fiscal Year 2014.

surge energy inc (41Z) Key Developments

Surge Energy Inc. Announces Cash Dividend for the Month of September 2015, Payable on October 15, 2015

Surge Energy Inc. confirms that a cash dividend to be paid on October 15, 2015 in respect of September 2015 production, for the shareholders of record on September 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. Appoints Paul Ferguson as Chief Financial Officer; Announces Drilling Results on the Upper Shaunavon Crude Oil Discovery in SW Saskatchewan

Surge Energy Inc. announced the appointment of Mr. Paul Ferguson, to the position of Chief Financial Officer. With over 25 years of industry experience, Mr. Ferguson brings a breadth of experience to the CFO role. It is expected that Mr. Ferguson will begin as CFO of Surge in mid to late September 2015 once the required authorizations have been obtained from Citizenship and Immigration Canada. The company announced continued drilling success on the company's Upper Shaunavon crude oil discovery in SW Saskatchewan, and at Valhalla in NW Alberta. Surge has completed and placed on production the four net wells drilled in June and July at Shaunavon, Saskatchewan with better than type curve results. Net production added from Surge's latest four new Upper Shaunavon wells is over 800 bopd. Surge has more than 200 low risk Upper Shaunavon development drilling locations on this play. At Valhalla, a significant portion of Surge's associated natural gas production will commence flowing to the nearby Wembley gas plant this week, further increasing Surge's ability to access third party plant capacity. Based on the three (100%) exciting wells drilled into the large northern pool extension at Valhalla in 2015, including the new well at 10-07-075-08W6. Surge is now experiencing the production volumes at its core operated property at Valhalla. The new 10-07 well has now produced over 56,000 barrels of oil in 26 days. Earlier 2015, Surge further consolidated its position at the north end of Valhalla, providing the company with multiple future locations in this exciting new pool extension.

Surge Energy Inc. Confirms August 2015 Dividend, Payable on September 15, 2015

Surge Energy Inc. 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.


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