CALGARY, June 29, 2015 /CNW/ - Surge Energy Inc. ("Surge"
or "the Company") announced today that, effective immediately, Mr.
Maxwell Lof, Chief Financial
Officer, will be leaving the Company to pursue other interests.
"Surge would like to thank Max for his contributions during his
time with the Company. We wish him all the best in his future
endeavours," said Paul Colborne,
President and CEO.
Surge management's stated goal is to be one of the best
positioned light/medium gravity crude oil growth and dividend
paying companies in Canada –
uniquely positioned to grow at virtually any reasonable crude oil
commodity price assumption.
In due course, the Company will announce plans with respect to
how the CFO responsibilities will be fulfilled moving
forward.
Forward Looking Statements
This press release contains forward-looking statements
concerning management expectations with respect to market and
growth positioning within the industry and Surge's ability to
execute on its strategy. Although Surge believes that the
expectations and assumptions on which the forward-looking
statements are based are reasonable, undue reliance should not be
placed on the forward-looking statements because Surge can give no
assurance that they will prove to be correct. Since forward-looking
statements address future events and conditions, by their very
nature they involve inherent risks and uncertainties. Actual
results could differ materially from those currently anticipated
due to a number of factors and risks. Certain of these risks
are set out in more detail in Surge's Annual Information Form dated
March 19, 2015 which has been filed
on SEDAR and can be accessed at www.sedar.com. The forward-looking
statements contained in this press release are made as of the date
hereof and Surge undertakes no obligation to update publicly or
revise any forward-looking statements or information, whether as a
result of new information, future events or otherwise, unless so
required by applicable securities
laws.
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.