Surge Energy Inc. announced the appointment of Mr. Paul Ferguson, to the position of Chief Financial Officer. With over 25 years of industry experience, Mr. Ferguson brings a breadth of experience to the CFO role. It is expected that Mr. Ferguson will begin as CFO of Surge in mid to late September 2015 once the required authorizations have been obtained from Citizenship and Immigration Canada.

The company announced continued drilling success on the company's Upper Shaunavon crude oil discovery in SW Saskatchewan, and at Valhalla in NW Alberta. Surge has completed and placed on production the four net wells drilled in June and July at Shaunavon, Saskatchewan with better than type curve results. Net production added from Surge's latest four new Upper Shaunavon wells is over 800 bopd. Surge has more than 200 low risk Upper Shaunavon development drilling locations on this play. At Valhalla, a significant portion of Surge's associated natural gas production will commence flowing to the nearby Wembley gas plant this week, further increasing Surge's ability to access third party plant capacity. Based on the three (100%) exciting wells drilled into the large northern pool extension at Valhalla in 2015, including the new well at 10-07-075-08W6. Surge is now experiencing the production volumes at its core operated property at Valhalla. The new 10-07 well has now produced over 56,000 barrels of oil in 26 days. Earlier 2015, Surge further consolidated its position at the north end of Valhalla, providing the company with multiple future locations in this exciting new pool extension.