September 6, 2016 / 11:17 AM / in a year

BRIEF-Surge reports preliminary guidance for 2017

Sept 6 (Reuters) - Surge Energy Inc :

* Surge Energy Inc announces preliminary guidance for 2017 and upward revision to 2016 production exit rate

* Average production for 2017 is forecast to be 13,650, with an exit rate of 14,150 BOEPD

* Anticipates spending 70 percent of its preliminary 2017 capital budget on drilling activity Source text for Eikon: Further company coverage:

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