Surge Energy Inc. operates primarily in the Western Canadian Sedimentary Basin, with key producing assets located in Alberta, Saskatchewan, and Manitoba. The company's core operating areas include the Sparky and Southeast Saskatchewan regions, which provide a heavily liquids-weighted production profile. Surge Energy targets conventional reservoirs characterized by large original oil in place (OOIP) and low recovery factors, utilizing proven technologies like waterflooding to enhance ultimate oil recoveries. The company's strategy emphasizes generating sustainable free cash flow to fund its capital programs, reduce debt, and support a compounding monthly dividend. Formerly known as Zapata Energy Corporation, the company rebranded to Surge Energy Inc. in 2010 to reflect its strategic focus on high-quality, operated crude oil assets.
