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Surge Energy completes non-brokered private placement of flow-through shares for C$19.63M

Date Closed

March 1, 2023

Lead Office

Calgary

Value

19.63 Million CAD

On March 1, 2023, Surge Energy Inc. completed its non-brokered private placement offering of CDE flow-through shares for aggregate gross proceeds of C$19.63 million. 

Surge Energy Inc. is an oil focused E&P company that has conventional, medium to light crude oil reserves and a low decline production base.

McCarthy Tétrault advised Surge Energy Inc. with a team led by Michael Bennett that included Ashley Wilson (Corporate), Matthew Kraemer, and Prince Arora (Tax).

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