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Surge ups exit production forecast in drilling successes
Surge Energy Inc. increased Q1 production in 2011 to 5,076 boe/d, up 89% from an average of 2,686 boe/d in the first quarter of 2010 and up 27% from an average of 4,005 boe/d in the fourth quarter of 2010. With the closing of its recently announced North Dakota acquisitions Surge now has a land base of more than 500,000 net acres, internally estimated DPIIP of more than 460 million barrels (gross) and more than......
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