Company Surge Energy Inc.

Equities

SGY

CA86880Y8779

Oil & Gas Exploration and Production

Market Closed - Toronto S.E. 04:00:00 2024-03-04 pm EST 5-day change 1st Jan Change
6.91 CAD -0.14% Intraday chart for Surge Energy Inc. +1.32% +6.64%

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.

Number of employees: 83

Sales per Business

CAD in Million2021Weight2022Weight Delta
Oil
110.9 %
375 105.2 % 673 110.9 % +79.59%
Royalties
-21.0 %
-58 -16.4 % -128 -21.0 % +118.16%
Natural Gas
6.2 %
25 7.1 % 38 6.2 % +49.60%
Natural Gas Liquids
2.8 %
10 2.9 % 17 2.8 % +63.21%
Processing
1.2 %
5 1.3 % 7 1.2 % +58.30%

Sales per region

CAD in Million2021Weight2022Weight Delta
Canada
100.0 %
356 100.0 % 607 100.0 % +70.40%

Managers

Managers TitleAgeSince
Chief Executive Officer 65 10-04-12
Director of Finance/CFO - 18-08-15
Chief Operating Officer - 13-04-30
Director/Board Member - 10-02-28
Comptroller/Controller/Auditor - Dec. 06
Corporate Officer/Principal - Dec. 06
Corporate Officer/Principal - 10-03-31
Corporate Officer/Principal - 19-10-31
Corporate Secretary - -

Members of the board

Members of the board TitleAgeSince
Chairman 70 10-04-12
Director/Board Member 72 14-06-04
Chief Executive Officer 65 10-04-12
Director/Board Member - 10-02-28
Director/Board Member 74 10-06-24
Director/Board Member - 19-05-13
Director/Board Member - 18-07-15
Director/Board Member - 18-07-15
Director/Board Member - 10-04-12

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 100,578,025 98,394,487 ( 97.83 %) 0 97.83 %

Shareholders

NameEquities%Valuation
1,021,907 1.019 % 5 M $
593,815 0.5920 % 3 M $
IA Clarington Investments, Inc.
0.4800 %
481,535 0.4800 % 2 M $
Matco Financial, Inc.
0.2781 %
279,000 0.2781 % 1 M $
271,316 0.2705 % 1 M $
Murray Bye
0.2234 %
224,057 0.2234 % 1 M $
205,534 0.2049 % 974 231 $
Canaccord Genuity Corp. (Investment Management)
0.1495 %
150,000 0.1495 % 711 000 $
136,213 0.1358 % 645 650 $
Palos Management, Inc.
0.1155 %
115,900 0.1155 % 549 366 $

Company contact information

Surge Energy, Inc.

Centennial Place – East Tower 520 – 3rd Avenue SW

T2P 0R3, Calgary

+403-930-1010

http://www.surgeenergy.ca
address Surge Energy Inc.(SGY)
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