CALGARY, AB, April 15, 2025 – Surge Energy Inc. (“Surge” or the “Company”) (TSX: SGY) is affirming a cash dividend of $0.043333 per share, which will be distributed on May 15, 2025, to shareholders of record as of April 30, 2025, related to production in April 2025.

The dividend qualifies as an eligible dividend under the Income Tax Act (Canada).

Surge operates as a publicly traded, intermediate oil company with a focus on boosting shareholder value through free cash flow generation. The Company’s strategy involves acquiring and developing high-caliber, conventional oil reservoirs, utilizing established technologies to maximize oil recovery.

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.

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