Surge Energy Inc. is a Canada-based 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 has conventional, medium to light crude oil reserves and low decline production base. Its reservoirs are characterized as having original oil in place (OOIP) with low recover factors. It has identified over 975 net drilling locations on the Company's lands along with several waterflood projects. Its operations are focused on core areas, such as Sparky Core, SE Sask. and Manitoba, Valhalla, Greater Sawn and Shaunavon.
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