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Surge Energy Inc (Alberta)
Phone: (403) 930-1010p:403 930-1010 CALGARY, AB  T2P 0R3  Canada Ticker: SGYSGY
Business Summary
Surge Energy Inc. is a Canada-based oil focused exploration and production (E&P) company. The Company's business consists of the exploration, development and production of oil and gas from properties in Western Canada. It holds focused and operated light and medium gravity crude oil properties in Alberta, Saskatchewan and Manitoba, characterized by large oil in place crude oil reservoirs with low recovery factors. It offers exposure to two of the five conventional oil growth plays in Canada: the Sparky and SE Saskatchewan. It holds a dominant land position and is drilling a mix of horizontal multi-frac and horizontal multi-lateral wells in the Sparky area. Sparky is a large, well established oil producing fairway in Western Canada. SE Saskatchewan is a focused operated asset base with light oil operating netbacks. SE Saskatchewan operates low-cost wells with short payouts and offers potential for continued area consolidation.

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
9/30/202412/31/2023Yes----

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 67 1/7/2015 4/13/2010
President, Chief Executive Officer, Director PaulColborne 62 5/8/2013 4/13/2010
Chief Financial Officer Jared A.Ducs 8/16/2019 8/16/2018
7 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: 101,102,178 (As of 11/19/2024)
Stock Exchange: TSE
Fax Number: (403) 930-1011


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Wednesday, November 20, 2024