Surge Energy
Surge Energy is a Canadian oil company with operations in several key regions, offering exposure to top oil growth plays and a commitment to sustainability.
Services
Surge Energy offers exposure to two of the top five conventional oil growth plays in Canada, specifically the Sparky and SE Saskatchewan. The company focuses on operating concentrated light oil assets, ensuring high returns and efficient production. It also provides shareholders with a monthly dividend of C$0.04 per share, reflecting its commitment to delivering consistent value to investors.
Oil Exploration and Production
Surge Energy operates in various regions with significant oil production assets. These regions include Greater Sawn, where they manage conventional Slave Point reefs; Valhalla, known for its stacked pay multi-zone potential and high-quality light oil; Sparky, with light to medium crude oil that offers compelling returns; Shaunavon, which produces low decline, medium gravity crude oil with high operating netbacks; and SE Saskatchewan, where they oversee a highly focused, operated asset base with excellent light oil operating netbacks.
Corporate Headquarters
Surge Energy's corporate office is located in Centennial Place – East Tower, Suite 1200, 520 – 3rd Avenue SW, Calgary, AB T2P 0R3. This location houses the company's administrative and strategic operations, supporting its extensive field activities and ensuring streamlined corporate management.
Environmental and Community Commitment
Surge Energy is committed to sustainability with a sharp focus on environmental responsibility, community involvement, and maintaining high safety standards. The company actively engages in practices designed to minimize its environmental footprint, supports local communities through various initiatives, and prioritizes the safety of its operations, aligning with its long-term sustainability goals.