CALGARY, Feb. 23, 2017 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") announced the results of its independent reserves evaluation (the "Sproule Report") effective December 31, 2016, as prepared by Sproule Associates Limited ("Sproule"). Surge is pleased to announce an increase in the Company's year-end 2016 net asset value ("NAV") of more than 12 percent per share over 2015, to $5.47 per share. The Company also [...]
CALGARY, Feb. 15, 2017 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) confirms that a cash dividend to be paid on March 15, 2017 in respect of February 2017 production, for the shareholders of record on February 28, 2017 will be $0.00708 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, Feb. 8, 2017 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) announces the Company's intention to increase its dividend from $0.075 per year ($0.00625 per month) to $0.085 per year ($0.00708 per month) effective March 15th, 2017. Surge continues to experience increasing production volumes, as a result of continued excellent drilling and waterflood results at its three core properties at Shaunavon [...]
CALGARY, Jan. 16, 2017 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) confirms that a cash dividend to be paid on February 15, 2017 in respect of January 2017 production, for the shareholders of record on January 31, 2017 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, Dec. 15, 2016 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) confirms that a cash dividend to be paid on January 16, 2017 in respect of December 2016 production, for the shareholders of record on December 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 [...]
CALGARY, Dec. 13, 2016 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) announces that its Board of Directors has formally approved an upward revision to the Company's previously announced 2017 preliminary production guidance. Pursuant to a Press Release dated September 6, 2016, Surge provided preliminary capital expenditure and production guidance for 2017. Based on continued successful development [...]
CALGARY, Nov. 15, 2016 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) confirms that a cash dividend to be paid on December 15, 2016 in respect of November 2016 production, for the shareholders of record on November 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, Nov. 9, 2016 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) announces its operating and financial results for the quarter ended September 30, 2016. As world crude oil prices rallied from their February lows, in late May of 2016 Surge management moved to add a substantial, organic production per share growth component back into the Company's growth and dividend business model – all sustainable at [...]
CALGARY, Oct. 17, 2016 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) confirms that a cash dividend to be paid on November 15, 2016 in respect of October 2016 production, for the shareholders of record on October 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, 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 [...]
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