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Surge Energy Inc
Centennial Place-East Tower
Suite 1200, 520-3rd Avenue SW
Phone: (403) 930-1010p:403 930-1010 CALGARY, AB  T2P 0R3  Canada Ticker: SGYSGY

Business Summary
Surge Energy Inc. is an oil focused exploration and production company. The Company’s business consists of the exploration, development and production of oil and gas from properties in Western Canada. The Company’s operations include Sparky, SE Saskatchewan, Greater Sawn, Valhalla and Shaunavon. The Sparky operation offers light/medium crude oil production with compelling returns. The SE Saskatchewan operation maintains asset base oil operating netbacks. Its development consists of low-cost wells with short payouts and SE Saskatchewan provides potential for continued area consolidation. The Valhalla operation is offering stacked pay multi-zone potential with light oil and provides range of area infrastructure and access to multiple egress options supports attractive operating netbacks. The Shaunavon operation is producing low decline, medium gravity crude oil with high operating netbacks.

Scores and Ratings
FRISK®
Score
Z''
Score
PAYCE®
Score
DBT
Index
Moody's
Rating
Fitch
Rating
DBRS
Rating
YesYes-Yes---

Financials, News and Filings
Latest
Statement
Last
Audit

News
SEC
Filings
Bankruptcy
Filings
Suit &
Judgment
Filings
Tax
Lien
Filings
12/31/202312/31/2023Yes----

Industries
SIC Code Description
1311 Crude petroleum and natural gas

Officers and Directors

Title

Name

Age
Title
Date
Start
Date
Independent Chairman of the Board James M.Pasieka 66 1/7/2015 4/13/2010
President, Chief Executive Officer, Director PaulColborne 61 5/8/2013 4/13/2010
Chief Financial Officer Jared A.Ducs 8/16/2019 8/16/2018
9 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
Mount Bastion Oil & Gas Corp. 1050, 605 - 5th Avenue SW Calgary AB Canada
Astra Oil Corp. 205 5 Ave SW Calgary AB Canada
Longview Oil Corp. 2100, 635, 8th Ave. SW Calgary AB Canada
Fire Sky Energy Inc. 1120 6 St Estevan SK Canada

Business Names
Business Name
Astra Oil Corp.
Fire Sky Energy Inc.
Longview Oil Corp
5 additional Business Names available in full report.

General Information
Number of Employees: 93 (As of 12/31/2023)
Outstanding Shares: 100,578,025 (As of 3/1/2024)
Stock Exchange: TSE
Fax Number: (403) 930-1011


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Monday, March 18, 2024