Brief: Surge Energy Announces 2020 Budget

SURGE ENERGY

12/12/2019 22:56

Dec 12 (Reuters) - Surge Energy Inc  SGY.TO :
    * SURGE ENERGY INC. ANNOUNCES 2020 BUDGET
    * SURGE ENERGY - IN 2020 CO IS BUDGETING TO SPEND $98.5
MILLION OF
EXPLORATION AND DEVELOPMENT CAPITAL
    * SURGE ENERGY INC -  APPROVED BUDGET FOR 2020 THAT DELIVERS
PRODUCTION OF 21,000 BOEPD IN 2020
    * SURGE ENERGY INC SEES 2020 AVERAGE PRODUCTION OF 21,000
BOEPD
    * SURGE ENERGY - IN 2019, ANTICIPATES SPENDING ABOUT $15-16
MILLION LESS THAN EXPLORATION AND DEVELOPMENT CAPITAL BUDGET
GUIDANCE

Source text for Eikon:  ID:nCNWKgYGka 
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