June 22 (Reuters) - Surge Energy Inc SGY.TO :
* SURGE ENERGY INC. ANNOUNCES CORPORATE UPDATE; REDETERMINATION OF CREDIT FACILITY; SPARKY TECHNICAL UPDATE
* SURGE ENERGY - CREDIT FACILITY HAS BEEN CONFIRMED AT $335 MILLION, WITH REVOLVING PERIOD EXTENDED TO DECEMBER 15, 2020
* SURGE ENERGY - HAS AGREED TO A MAINTENANCE CAPITAL BUDGET FOR 2020 OF APPROXIMATELY $45 MILLION
* SURGE ENERGY - ANTICIPATES CREDIT FACILITY WILL PROVIDE SUFFICIENT LIQUIDITY TO EXECUTE ON ITS BUSINESS PLAN THROUGH BALANCE OF 2020