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Surge Discusses 2014 Guidance and Drilling
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Surge Energy Inc. has provided a sustainability outlook based on lower crude oil prices, and an operations update for the third quarter of 2014.
The Company has experienced better than expected drilling, optimization and waterflood results across Surge's high quality, long life, light oil asset base, including continued successful step-out drilling results in the Upper Shaunavon formation in SW Saskatchewan, the Midale play in SE Saskatchewan and the Sparky play in SE Alberta.
In addition, Surge is pleased to announce the appointment of Mr. Gerry de Leeuw to the position of Vice President of Geosciences.
Sustainability Outlook With the low Canadian dollar Surge continues to realize WTI pricing of over CAD$91 per barrel1. Reduced differentials and the Company's strategic ongoing hedging…- ✓ Full news archive — U.S., Canada & international coverage
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