Brief: Surge Energy Inc. Announces Sale Of Non-Core Assets Revised 2025 Capital And Operating Budget
19/12/2024 22:06
Dec 19 (Reuters) - Surge Energy Inc (Alberta) SGY.TO :
* SURGE ENERGY INC. ANNOUNCES SALE OF NON-CORE ASSETS;
REVISED
2025 CAPITAL AND OPERATING BUDGET
* SURGE ENERGY INC (ALBERTA) - SELLS NON-CORE ASSETS FOR
$9.5
MILLION
* SURGE ENERGY INC (ALBERTA) - PURCHASER ASSUMES ALL FUTURE
ABANDONMENT AND RECLAMATION OBLIGATIONS
* SURGE ENERGY INC (ALBERTA) - 2025 NET OPERATING EXPENSES
FORECAST TO DECREASE TO $19.05-$19.55 PER BOE
* SURGE ENERGY INC (ALBERTA) OUTLOOK AVERAGE 2025 PRODUCTION
22,500 BOEPD (91% LIQUIDS)
Source text: ID:nCNWMGxNYa
Further company coverage: SGY.TO
((Reuters.Briefs@thomsonreuters.com;))
Recent news on SURGE ENERGY
See all newsCanada's Surge Energy Q2 revenue rises 48%, net income more than doubles on the back of oil, NGL price surge
Brief: Surge Energy Q2 Net Income CAD 69.357 Million
Brief: Surge Energy Inc. Announces Approval For Renewal Of Normal Course Issuer Bid
Record-low U.S. shale well backlog curbs fast output gains amid export surge
Brief: Surge Energy Inc (Alberta) - Confirms June 2026 Cash Dividend Of $0.043333 Per Share