The company has now drilled 3 successful multi-leg oil wells in Hope Valley, which has established it as an exciting new crude oil discovery in the Sparky formation. Surge has now identified the potential for up to 100 multi-lateral drilling locations at Hope Valley.
Tamarack Valley Energy is an oil and gas company involved in the identification, evaluation and operation of resource plays in the Western Canadian sedimentary basin. Tamarack Valley Energy Ltd ranks #7 in wells drilled in 2022 with 175 wells drilled in Western Canada.
Surge Energy Inc. is an oil focused oil and gas company with operations in Alberta, Manitoba and North Dakota. Surge Energy Inc. ranks #21 in wells drilled in 2022 with 62 wells drilled in Western Canada.
Surge Achieved average daily production of 21,380 boepd (86 percent liquids) during Q3/22, an increase of over 21 percent as compared to Q3/21 production of 17,642 boepd (84 percent liquids)
Surge Energy $124 million exploration and development capital program production of 21,500 boepd
