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Markets News

BRIEF-Surge Energy Announces $28.4 Mln Sparky Core Area Acquisition

May 15 (Reuters) - Surge Energy Inc:

* SURGE ENERGY INC. ANNOUNCES $28.4 MILLION SPARKY CORE AREA ACQUISITION; UPWARD REVISION TO 2018 EXIT GUIDANCE; INCREASE TO DIVIDEND

* SURGE ENERGY INC - REVISING UPWARD COMPANY’S 2018 EXIT PRODUCTION GUIDANCE FROM 16,650 BOEPD TO 17,175 BOEPD

* SURGE ENERGY INC - SPARKY CORE AREA ACQUISITION ACCRETIVE ON ALL KEY DEBT ADJUSTED PER SHARE METRICS Source text for Eikon: Further company coverage:

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