Surge Energy Inc. confirms that a cash dividend to be paid on October 17, 2022, in respect of September 2022 production, for the shareholders of record on September 30, 2022 will be $0.035 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 September 15, 2022, in respect of August 2022 production, for the shareholders of record on August 31, 2022 will be $0.035 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 announces a key milestone that the Company has returned to utilizing recycled, produced water in all completions. As previously announced, Surge and Gravity Water Midstream, LLC entered into an agreement to install a produced water recycling facility in Howard County, Texas. This facility was commissioned in July 2022 and enables Surge to recycle produced water for completions in the [...]
Lunch Keynote Presentations Feature BPX Energy, Vivek Ramaswamy with Strive Wealth Management and Petrie Partners Panels include discussions on Capital Allocation, Responsibly Sourced Gas, Private Capital, Carbon Capture, Renewable Natural Gas, ESG, Private Companies and Commodity Market Outlook EnerCom, Inc. announced today that the EnerCom Denver investment conference will feature management team presentations, breakout [...]
CALGARY, AB, July 27, 2022 /CNW/ - Surge Energy Inc. is pleased to announce the Company's financial and operating results for the quarter ended June 30, 2022, an update on Surge's shareholder returns framework, an operations update, and revisions to the Company's 2022 capital and operating budget. Q2 2022 FINANCIAL & OPERATING HIGHLIGHTS An extremely tight physical market for crude oil has manifested from continued growth [...]
Surge Energy Inc. confirms that a cash dividend to be paid on August 15, 2022 in respect of July 2022 production, for the shareholders of record on July 31, 2022 will be $0.035 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 that it was listed in the Houston Chronicle's Top 100 Private Companies headquartered in Houston, TX as published on June 19, 2022, and moving of the Houston Corporate Offices currently planned for early 2023. Surge Energy Ranked 20th for the second consecutive year on the list of top private companies as determined by the Houston Chronicle. The list is based on 2021 [...]
Surge Energy Inc. is pleased to announce that the Board of Directors has approved the reinstatement of its monthly cash dividend, as part of the Company's previously announced integrated business strategy of returning capital to shareholders, plus production per share growth. Accordingly, a cash dividend of $0.035 per share will be payable on July 15, 2022 in respect of June 2022 production, for the Surge shareholders of [...]
Surge Energy US Holdings Company announces Fitch Ratings has assigned a first-time 'B' Long-Term Issuer Default Rating with a stable rating outlook to Moss Creek Resources Holdings, Inc. and Moss Creek Resources, LLC, subsidiaries of Surge Energy. "We believe this rating initiation by Fitch demonstrates the quality of our assets, our strong track record as an operator, and our commitment to a disciplined financial [...]
Surge Energy US Holdings Company announces it entered into an agreement with Gravity Water Midstream, LLC to install a produced water recycling facility in Howard County, Texas. Surge initially began utilizing recycled produced water for completion operations in 2017. This practice both conserves fresh water and reduces operating expenses. This new facility built with Gravity will be the fourth recycling facility [...]
Surge Energy Inc. announces that at its annual meeting of shareholders held on May 11, 2022 the following nine director nominees were elected: Votes For Votes Withheld # % # % James Pasieka Marion Burnyeat 21,918,661 21,798,272 99.50% 98.95% 110,772 231,161 0.50% 1.05% Paul Colborne Daryl Gilbert Michelle Gramatke 21,907,972 21,786,277 21,770,858 99.45% 98.90% 98.83% 121,461 243,156 258,575 0.55% 1.10% 1.17% Robert Leach [...]
Surge Energy Inc. is pleased to announce: 1) the intent to reinstitute the Company's base dividend on July 15, 2022; 2) the successful acquisition of strategic, core area lands in SE Saskatchewan at a recent Crown sale; 3) the receipt of an additional $30 million of term debt financing under the same terms and conditions as its existing 5-year term debt facility ; 4) the intent to redeem the Company's $44.5 million of [...]