Mr. Paul Colborne reports
SURGE ENERGY INC. CONFIRMS JULY 2023 DIVIDEND
Surge Energy Inc. has confirmed that a cash dividend to be paid on July 17, 2023, in respect of June, 2023, production, for the shareholders of record on June 30, 2023, will be four cents per share.
The dividend is an eligible dividend for the purposes of the Income Tax Act (Canada).
Surge is an intermediate, publicly traded oil company focused on enhancing shareholder returns through free cash flow generation. The company's defined operating strategy is based on acquiring and developing high-quality, conventional oil reservoirs using proven technology to enhance ultimate oil recoveries.
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