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Surge Energy (T:SGY) has notable insider buying

Chart shows all insider (exclusing issuers) public market transactions of directly and indirectly held equity securities as reported in SEDI
Published Thursday Feb 09, 2017 12:00 AM EDT
Gordon Paul Ferguson, CFO, acquired 2,000 Common Shares on a direct ownership basis at a price of $2.610 through the public market on February 7th, 2017. This represents a $5,220 investment into the company's shares and an account share holdings change of 3.1%.

Robert Allen Leach, a Director, acquired 100,000 Common Shares on an indirect ownership basis for registered holder RAL Consulting Ltd at a price of $2.800 through the public market on February 2nd, 2017. This represents a $280,000 investment into the company's shares and an account share holdings change of 24.5%.

Surge Energy Inc. is a Canada-based oil and gas exploration, development and production company. The Company's principal oil and natural gas producing properties are located in Alberta and Saskatchewan, and focused on over three core areas: Western Alberta, Southeast Alberta and Southwest Saskatchewan. The properties in Northern Alberta include Valhalla/Wembley, Nipisi, Windfall and Nevis. The Sparky assets consist of over four main fields spread between Provost and Wainwright in eastern Alberta and western Saskatchewan. The Valhalla/Wembley property is located in northwestern Alberta, over 40 kilometers northwest of Grand Prairie. The Nipisi property is located over 50 kilometers north of the town of Slave Lake, in northwestern Alberta. The Slave Point production is from horizontal wells. The Windfall property is located in western Alberta near Whitecourt. The Nevis property is located over 60 kilometers east of Red Deer, Alberta.

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