Surge Energy Incorporation operates in the Crude petroleum and natural gas sector. Surge Energy Inc., formerly Zapata Energy Corporation, is an oil and gas company, which acquires interests in petroleum and natural gas rights, which explores, develops, produces and markets petroleum and natural gas reserves in western Canada. During the year ended December 31, 2010, the Company drilled a total of 22 gross wells resulting in 10 development wells in southeast Alberta, three horizontal multi-frac wells at Windfall, five horizontal multi-frac wells at Waskada, two water injectors and two exploratory wells. On July 9, 2010, the Company acquired Corinthian Energy Corp. Its Valhalla South property consists of an average working interest of approximately 82% in 10,240 gross acres. Its Windfall assets are located in western Alberta. On July 19, 2010, the Company also completed an acquisition of a private oil and gas company, Crystal Lake Resources Ltd. On November 1, 2010, the Company completed the acquisition of the Valhalla Assets. In
our complete report available for purchase the company is compared to: Southern Pacific Resource Corporation, Painted Pony Petroleum Limited and Winstar Resources Ltd.