Surge Energy Inc. provided capital expenditures guidance for the year 2018. The company has increased the company's estimated 2018 capital expenditures slightly (from $95 million previously announced) to $98.75 million in anticipation of slightly higher service costs in 2018 as a result of rising crude oil prices. The company’s 2018 guidance provides estimated debt adjusted production per share growth of 6.3%, and adjusted funds flow per share growth of 26%, over 2017 estimates respectively.