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Surge Energy announces 59% increase to 2013 year-end reserves


Published Feb 20, 2014
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Surge Energy Inc.

Surge Energy Inc. announce the results of its 2013 year-end oil and gas reserves evaluation (NI-51-101 compliant), delivering a 59 percent increase over year-end 2012 reserves. This significant increase reflects exceptional organic growth through the drill-bit, advancement of waterflood initiatives, and the completion of four strategic, accretive, elite, light and medium crude oil acquisitions in 2013.

The following highlights and reserves information do not include the Company's SE Saskatchewan, high quality, low decline, operated, light oil asset acquisition which closed on February 14, 2014.

Tags: Surge Energy Inc.




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