News Releases

Surge Energy Inc. Announces Change in Dividend Payment

CALGARY, June 15, 2018 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) announces a correction to the dividend payment date for the June dividend. The payment date will be July 16, 2018, rather than the previously announced date of July 15, 2018 due to the date falling on a weekend. The record date is June 30, 2018.

Surge Energy Inc. previously confirmed a dividend of $0.008333 per share will be paid on July 15, 2018 to shareholders of record on June 30, 2018.

The dividend is an eligible dividend for the purposes of the Income Tax Act (Canada).

Surge Energy Inc. is an oil-weighted production and development company with high quality, large oil in place, crude oil reservoirs.  Management is focused on delivering to its shareholders solid per share organic growth, sustainable monthly dividends, and further growth through accretive acquisitions of additional elite oil reservoirs.

Neither the TSX nor its Regulation Services Provider (as that term is defined in the policies of the TSX) accepts responsibility for the adequacy or accuracy of this release.

SOURCE Surge Energy Inc.

For further information: Paul Colborne, President & CEO, Surge Energy Inc., Phone: (403) 930-1507, Fax: (403) 930-1011, Email: pcolborne@surgeenergy.ca; Paul Ferguson, CFO, Phone: (403) 930-1021, Fax: (403) 930-1011, Email: pferguson@surgeenergy.ca