Surge Energy Inc. (SGY)

Overview

Surge Energy Inc. is a company focused on the exploration, development, and production of oil and gas primarily within the regions of western Canada. The company has an extensive portfolio of properties, spanning from eastern Alberta to western Saskatchewan, the southeast corners of Saskatchewan, northern Alberta, northwestern Alberta, southwest of Swift Current, Saskatchewan, western Manitoba, and across Alberta and Saskatchewan. Initially founded under the name Zapata Energy Corporation, it transitioned to Surge Energy Inc. in June 2010. The company, established in 1998, is strategically positioned in Calgary, Canada, serving as a pivotal player in the energy sector within the region.

Products and Services

Surge Energy Inc. offers a wide range of products and services related to the oil and gas industry, as highlighted in their diverse property portfolio:

• Sparky Properties: Situated between Provost and Wainwright in eastern Alberta and western Saskatchewan, these properties are key operational areas for the exploration and production of oil and gas, contributing significantly to the company's output.
• Southeast Saskatchewan Properties: Located in the very southeastern corner of Saskatchewan, these properties focus on oil and gas production in an area known for its prolific resource base.
• Carbonates Properties: Situated in Northern Alberta, these areas are notable for their carbonate rock formations, which represent an important reservoir type for oil and natural gas in Canada.
• Valhalla/Wembley Property: Located in northwestern Alberta, this property is pivotal for the company’s strategic exploration and production activities, featuring both conventional and unconventional resources.
• Shaunavon Properties: Found to the southwest of Swift Current, Saskatchewan, this region is critical for its heavy oil and conventional oil production, contributing to the diversity of Surge Energy’s product portfolio.
• Manitoba Properties: Adjacent to the west of Brandon, Manitoba, these properties are engaged in the exploration and production of oil, representing an important part of the company's operational focus in the eastern Prairies.
• Minors Properties: Scattered across Alberta and Saskatchewan, these properties add breadth to Surge Energy’s operational domain, encompassing a wide array of exploration and production activities in the oil and gas sector.