Surge Energy Inc.

Surge Energy Inc. confirms that a cash dividend to be paid on December 16, 2024, in respect of October 2024 production, for the shareholders of record on November 30, 2024, 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 financial and operating results for the quarter ended September 30, 2024, as well as the Company's 2025 capital and operating budget as approved by Surge's board of directors . Select financial and operating information is outlined below and should be read in conjunction with the Company's unaudited interim financial statements and management's discussion and analysis for the three [...]

Surge Energy Inc. confirms that a cash dividend to be paid on November 15, 2024, in respect of October 2024 production, for the shareholders of record on October 31, 2024, 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 US Holdings Company announces James Welch has elected to retire from the company effective December 31, 2024. Mr. Welch has served as the Chief Financial Officer since the founding of the Company. "I personally would like to thank James for his substantial contributions to Surge as CFO," CEO Linhua Guan said. "James's leadership has been critical to not only the strong financial position the company has, but [...]

Surge Energy US Holdings Company today announced the release of the Company's 2024 Corporate Sustainability Report. This is the Company's third publicly available report and fifth overall report, providing a comprehensive update on Surge's sustainability goals, relevant operational investments, and environmental, social, and governance initiatives. Additionally, the report provides disclosures in line with the [...]

Surge Energy Inc. confirms that a cash dividend to be paid on October 15, 2024, in respect of September 2024 production, for the shareholders of record on September 30, 2024, 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 the closing of its previously announced private placement offering of $175 million aggregate principal amount of senior unsecured notes due 2029. The Notes bear interest at a rate of 8.500% per annum and mature on Sept 5, 2029. The Notes were priced at 100% of par to yield 8.500% per annum. Concurrent with the Closing of the Offering, Surge confirms that it has repaid in full all [...]

Surge Energy Inc. is pleased to announce a C$175 million private placement offering of senior unsecured notes due 2029 . The Notes will bear interest at a rate of 8.500% per annum and mature on September 5, 2029. The Notes were priced at 100% of par to yield 8.500% per annum. The closing of the Offering is subject to customary closing conditions and is expected to close on or about September 5, 2024. Surge intends to use [...]

Surge Energy Inc. confirms that a cash dividend to be paid on September 16, 2024, in respect of August 2024 production, for the shareholders of record on August 31, 2024, 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 [...]

Moss Creek Resources Holdings, Inc. , a wholly-owned subsidiary of Surge Energy US Holdings Company, announced today that it has priced $750.0 million aggregate principal amount of its 8.25% senior unsecured notes due 2031 that is exempt from registration under the Securities Act of 1933, as amended . The Offering is expected to close on August 16, 2024, subject to customary closing conditions. The Notes will be senior [...]