News Releases

Zapata Energy Corporation Changes Name to Surge Energy Inc. and TSX Venture Exchange Symbol to SGY

CALGARY, June 25 /CNW/ - Zapata Energy Inc. (TSXV: ZCO) announces that it has changed its name to Surge Energy Inc. ("Surge"). The name change was approved by the shareholders of the company at a meeting of shareholders on June 25th, 2010.

Surge is also pleased to announce it has changed its current TSX Venture Exchange symbol "ZCO" to "SGY". The change has been approved by the TSX Venture Exchange and is expected to trade under the new symbol on or about Tuesday June 29th, 2010.

Surge is an oil focused junior oil and gas production company operating in Western Canada.

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

For further information: Dan O'Neil, CEO, Max Lof, CFO, Zapata Energy Corporation, 2300, 635 - 8 Ave. SW, Calgary, AB., T2P 3M3, Main Phone (403) 930-1010, Fax (403) 930-1011