CALGARY, May 16, 2016 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) confirms that a cash dividend to be paid on June 15, 2016 in respect of May 2016 production, for the shareholders of record on May 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 with high [...]
CALGARY, May 11, 2016 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) announces its operating and financial results for the quarter ended March 31, 2016. POSITIONING FOR THE TURNAROUND In the first quarter of 2016, one of the lowest commodity price quarters for both crude oil and natural gas in many years, Surge management continued to focus on disciplined, conservative balance sheet management, and [...]
CALGARY, May 5, 2016 /CNW/ - Surge Energy Inc. (the "Company" or "Surge") (TSX: SGY) announces that at its annual meeting of shareholders held on May 4, 2016 the following eight director nominees were elected: Votes For Votes Withheld # % # % Paul Colborne 69,865,302 98.77 ...
CALGARY, April 15, 2016 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) confirms that a cash dividend to be paid on May 16, 2016 in respect of April 2016 production, for the shareholders of record on April 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 company with [...]
CALGARY, April 7, 2016 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) announces the sale of its non-core Sunset property, and the facilities sale at Valhalla, for total proceeds of $43 million; reduction of the Company's dividend; and updated 2016 guidance. CLOSING OF ASSET SALES On March 24, 2016 Surge closed the previously announced sale of certain facilities at its Valhalla light oil and natural gas [...]
CALGARY, March 16, 2016 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) announces its operating and financial results for the year and quarter ended December 31, 2015. FINANCIAL AND OPERATING SUMMARY ($000s except per share amounts) Three Months Ended Years Ended December 31, Dec 31, 2015 Sep 30, 2015 % Cha...
CALGARY, March 15, 2016 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) confirms that a cash dividend to be paid on April 15, 2016 in respect of March 2015 production, for the shareholders of record on March 31, 2016 will be $0.0125 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 [...]
CALGARY, Feb. 16, 2016 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) confirms that a cash dividend to be paid on March 15, 2016 in respect of February 2015 production, for the shareholders of record on February 29, 2016 will be $0.0125 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 [...]
Surge Energy announced the results of its independent reserves evaluation effective December 31, 2015 as prepared by Sproule Associates Limited. Surge delivered record results with respect to the Company's 2015 year end reserves finding and development costs. Surge's focused operating strategy of utilizing capital to acquire, exploit and waterflood high quality reservoirs continues to provide excellent results. A large [...]
CALGARY, Jan. 15, 2016 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) confirms that a cash dividend to be paid on February 15, 2016 in respect of January 2015 production, for the shareholders of record on January 31, 2016 will be $0.0125 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, 2015 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) confirms that a cash dividend to be paid on January 15, 2016 in respect of December 2015 production, for the shareholders of record on December 31, 2015 will be $0.0125 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. 9, 2015 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") is pleased to provide corporate guidance for its 2016 operating and capital budget. Given the continued weakness and uncertainty in energy commodity prices, the Company's initial 2016 plans reflect a minimal amount of capital and activity in order to maintain stability in the Company's corporate base production and balance sheet. Going forward [...]