Surge Energy
Sustainable, value based conventional resource Company with a strong focus on shareholder returns.
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Company intel
From the job board · LinkedIn data via posting sync- Industry
- Oil and Gas
- Company size
- 147 people
- Headquarters
- Calgary, Alberta
- Founded
- 2010
- Type
- Public Company
- Total funding
- $370.8M
Surge Energy Inc. is an oil focused E&P company that has high-quality cash flow base driven by its conventional, medium to light crude oil reserves and low decline production base. Surge’s elite, operated, reservoirs are characterized as having large original oil in place (“OOIP”) with low recover factors. Surge has identified over 975 net drilling locations on the Company’s lands, providing over 13 years of drilling inventory in addition to numerous high quality waterflood projects and future opportunities. Surge Management employs an orderly, on-going risk management/hedging program designed to maintain and protect the balance sheet and capital projects. Surge’s common shares trade on the Toronto Stock Exchange under the symbol SGY.
