Surge Energy Inc. is pleased to announce that the Toronto Stock Exchange has accepted Surge's notice of intention to renew the Company's normal course issuer bid for its outstanding common shares in accordance with the rules and policies of the The NCIB is an integral component of the Company's return of capital framework for the distribution of excess free cash flow, providing direct returns to Surge shareholders [...]
Surge Energy Inc. confirms that a cash dividend to be paid on July 15, 2025, in respect of June 2025 production, for the shareholders of record on June 30, 2025, will be $0.043333 per share. The dividend is an eligible dividend for the purposes of the Income Tax Act . Surge is an intermediate, publicly traded oil company focused on enhancing shareholder returns through free cash flow generation. The Company's defined [...]
Surge Energy US Holdings Company today announced the Company celebrated its tenth anniversary of the Company's founding. Surge Energy was founded in May 2015 and has made a meaningful impact to the energy industry, the Texas economy, and the local community. Since its inception, the Company has contributed over $11 billion to the Texas economy, including cumulative oil and gas revenues, royalty and working interest [...]
Surge Energy Inc. confirms that a cash dividend to be paid on June 16, 2025, in respect of May 2025 production, for the shareholders of record on May 31, 2025, will be $0.043333 per share. The dividend is an eligible dividend for the purposes of the Income Tax Act . Surge is an intermediate, publicly traded oil company focused on enhancing shareholder returns through free cash flow generation. The Company's defined [...]
Surge Energy Inc. announces that at its annual meeting of shareholders held on May 14, 2025 the following seven director nominees were elected: Votes For Votes Withheld # % # % James Pasieka 17,287,900 95.48 % 819,136 4.52 % Marion Burnyeat 15,341,551 84.73 % 2,765,485 15.27 % Paul Colborne 16,982,930 93.79 % 1,124,106 6.21 % Daryl Gilbert 17,336,137 95.74 % 770,899 4.26 % Michelle Gramatke 16,128,452 89.07 % 1,978,584 [...]
Surge Energy Inc. is pleased to announce financial and operating results for the quarter ended March 31, 2025, as well as an update on Surge's latest operational achievements. Select financial and operating information is outlined below and should be read in conjunction with the Company's unaudited condensed interim financial statements and management's discussion and analysis for the three months ended March 31, 2025 [...]
Surge Energy Inc. confirms that a cash dividend to be paid on May 15, 2025, in respect of April 2025 production, for the shareholders of record on April 30, 2025, will be $0.043333 per share. The dividend is an eligible dividend for the purposes of the Income Tax Act Surge is an intermediate, publicly traded oil company focused on enhancing shareholder returns through free cash flow generation. The Company's defined [...]
Surge Energy Inc. confirms that a cash dividend to be paid on April 15, 2025, in respect of March 2025 production, for the shareholders of record on March 31, 2025, will be $0.043333 per share. The dividend is an eligible dividend for the purposes of the Income Tax Act . Surge is an intermediate, publicly traded oil company focused on enhancing shareholder returns through free cash flow generation. The Company's defined [...]
Surge Energy Inc. is pleased to announce its financial and operating results for the quarter and year ended December 31, 2024, and its year end 2024 reserves as independently evaluated by Sproule. Surge's disciplined operating strategy involves focusing development capital to high operating netback, low cost, light and medium gravity, conventional crude oil reservoirs with low recovery factors. Following the strategic [...]
Surge Energy Inc. confirms that a cash dividend to be paid on March 17, 2025, in respect of February 2025 production, for the shareholders of record on February 28, 2025, will be $0.043333 per share. The dividend is an eligible dividend for the purposes of the Income Tax Act . Surge is an intermediate, publicly traded oil company focused on enhancing shareholder returns through free cash flow generation. The Company's [...]
Surge Energy Inc. confirms that a cash dividend to be paid on February 18, 2025, in respect of January 2024 production, for the shareholders of record on January 31, 2025, will be $0.043333 per share. The dividend is an eligible dividend for the purposes of the Income Tax Act . Surge is an intermediate, publicly traded oil company focused on enhancing shareholder returns through free cash flow generation. The Company's [...]
Surge Energy Inc. is pleased to announce that on December 19, 2024 , the Company disposed of its gas weighted non-core assets in the Valhalla area of Alberta for cash proceeds of $9.5 million . Additionally, the purchaser has assumed all future abandonment and reclamation obligations pertaining to the Non-Core Assets. - Surge's Sparky and SE Saskatchewan core areas have been independently evaluated as two of the top four [...]
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