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BRIEF-Surge Energy reports Q2 FFO per share of $0.16

Published 2015-08-05, 10:23 p/m
© Reuters.  BRIEF-Surge Energy reports Q2 FFO per share of $0.16
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Aug 5 (Reuters) - Surge Energy Inc SGY.TO :
* Announces second quarter results; continued drilling success; long term
infrastructure solutions at valhalla; and share buy back
* Says Q2 FFO per share $0.16
* To buy up to 21,512,323 shares, representing approximately 9.7 per cent of
the company's currently issued and outstanding common shares
* Says Q2 oil and ngl sales $77.5 million versus $122.2 million last year
* Says Q2 natural gas sales $3.4 million versus $5.9 million last year
* Says Q2 total oil, natural gas, and ngl revenue $80.9 million versus $128.1
million last year
* Says surge's 2015 production exit rate guidance of 14,500 boepd remains
unchanged

* Source text for Eikon ID:nCNWQ8dH5a

* Further company coverage SGY.TO

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