Surge Energy Inc
Oil and GasAlberta, Canada51-200 Employees
Surge Energy Inc. is a Calgary, Alberta-based oil and gas company engaged in exploration and production with a focus on conventional, medium to light crude oil reserves. Its reservoirs are described as elite, operated assets with large original oil in place and low recovery factors, resulting in a low-decline production base. Surge has identified more than 975 net drilling locations on its lands, providing over 13 years of drilling inventory, along with waterflood projects and future opportunities. Management maintains an orderly risk management and hedging program designed to protect the balance sheet and capital projects. The company employs 51-200 people, is headquartered at 520 3 Avenue Southwest Calgary, Alberta t2p 0r3 Canada, and its common shares trade on the Toronto Stock Exchange under the symbol SGY; more information is available at https://surgeenergy.ca.