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BRIEF-Surge Energy announces upward revision to 2017 production guidance
December 13, 2016 / 8:49 PM / 9 months ago

BRIEF-Surge Energy announces upward revision to 2017 production guidance

Dec 13 (Reuters) - Surge Energy Inc

* Surge is now increasing its 2017 production guidance with no corresponding increase to capital expenditures

* 2017 exit rate guidance has now been increased from 14,150 BOEPD to 14,450 BOEPD

* Sees FY 2017 funds flow from operations per share of $0.55

* Surge’s 2017 average daily production estimate has been increased from 13,500 BOEPD to 14,000 BOEPD

* Sees 2017 total capital spending $85 million

* Announces upward revision to 2017 production guidance Source text for Eikon: Further company coverage:

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