BRIEF-Surge Energy Inc. Announces Sale Of Non-Core Assets Revised 2025 Capital And Operating Budget-February 2024-www.financetom.com

BRIEF-Surge Energy Inc. Announces Sale Of Non-Core Assets Revised 2025 Capital And Operating Budget

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

BRIEF-Surge Energy Inc. Announces Sale Of Non-Core Assets Revised 2025 Capital And Operating Budget

Dec 19, 2024 2:30 PM

Dec 19 (Reuters) - Surge Energy Inc (Alberta) ( ZPTAF ):

* SURGE ENERGY INC. ( ZPTAF ) ANNOUNCES SALE OF NON-CORE ASSETS;

REVISED

2025 CAPITAL AND OPERATING BUDGET

* SURGE ENERGY INC (ALBERTA) ( ZPTAF ) - SELLS NON-CORE ASSETS FOR

$9.5

MILLION

* SURGE ENERGY INC (ALBERTA) ( ZPTAF ) - PURCHASER ASSUMES ALL FUTURE

ABANDONMENT AND RECLAMATION OBLIGATIONS

* SURGE ENERGY INC (ALBERTA) ( ZPTAF ) - 2025 NET OPERATING EXPENSES

FORECAST TO DECREASE TO $19.05-$19.55 PER BOE

* SURGE ENERGY INC (ALBERTA) ( ZPTAF ) OUTLOOK AVERAGE 2025 PRODUCTION

22,500 BOEPD (91% LIQUIDS)

Source text:

Further company coverage:

Previous page： nCino Insider Sold Shares Worth $24,609,410, According to a Recent SEC Filing Next page： Ares Management Insider Sold Shares Worth $16,492,637, According to a Recent SEC Filing

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

nCino Insider Sold Shares Worth $24,609,410, According to a Recent SEC Filing

Jun 26, 2024

03:20 AM EDT, 06/26/2024 (MT Newswires) -- Jeff Horing, 10% Owner, Director, on June 21, 2024, sold 779,501 shares in nCino (NCNO) for $24,609,410. Following the Form 4 filing with the SEC, Horing has control over a total of 25,913,316 shares of the company, with 117,603 shares held directly and 25,795,713 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1902733/000110465924074891/xslF345X03/tm2418273-1_4seq1.xml ...

Ares Management Insider Sold Shares Worth $16,492,637, According to a Recent SEC Filing

Jun 26, 2024

03:27 AM EDT, 06/26/2024 (MT Newswires) -- David B Kaplan, Director, Co-Founder, on June 21, 2024, sold 125,000 shares in Ares Management ( ARES ) for $16,492,637. Following the Form 4 filing with the SEC, Kaplan has control over a total of 1,180,052 shares of the company, with 1,180,052 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1176948/000162828024029962/xslF345X03/wk-form4_1719362466.xml Price: 148.00, Change: +12.65, Percent Change:...

Ares Management Insider Sold Shares Worth $19,790,618, According to a Recent SEC Filing

Jun 26, 2024

03:30 AM EDT, 06/26/2024 (MT Newswires) -- Bennett Rosenthal, Director, Co-Founder & Chairman of Ares Private Equity Group, on June 21, 2024, sold 150,000 shares in Ares Management ( ARES ) for $19,790,618. Following the Form 4 filing with the SEC, Rosenthal has control over a total of 1,105,052 shares of the company, with 1,105,052 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1176948/000162828024029961/xslF345X03/wk-form4_1719362341.xml...

Volkswagen shares fall after $5 billion Rivian deal

Jun 26, 2024

FRANKFURT (Reuters) -Shares in Volkswagen, Europe's largest carmaker, fell 1.4% in early trade on Wednesday after saying it would invest up to $5 billion as part of a planned joint venture with electric vehicle maker Rivian. The tie-up announced on Tuesday signals the value of Rivian's assets in software, an area in which Volkswagen has lagged far behind with its...