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Surge Energy Inc (SGY.TO)

SGY.TO on Toronto Stock Exchange

1.92CAD
12 Dec 2017
Change (% chg)

$-0.03 (-1.54%)
Prev Close
$1.95
Open
$1.96
Day's High
$1.98
Day's Low
$1.90
Volume
1,018,789
Avg. Vol
673,829
52-wk High
$3.45
52-wk Low
$1.90

Summary

Name Age Since Current Position

James Pasieka

63 2015 Chairman of the Board

Paul Colborne

56 2013 President, Chief Executive Officer, Director

Paul Ferguson

2015 Chief Financial Officer

Daniel Brown

Chief Operating Officer

Murray Bye

2013 Vice President - Production

Gerard De Leeuw

Vice President - Geosciences

Margaret Elekes

Vice President - Land and Business Development

Rod Monden

Controller

Robert Leach

2010 Lead Independent Director

Colin Davies

2010 Independent Director

Daryl Gilbert

65 2014 Independent Director

Keith Macdonald

60 2010 Independent Director

P. Daniel O'Neil

2016 Independent Director

Murray Smith

67 2010 Independent Director

Biographies

Name Description

James Pasieka

Mr. James Murray Pasieka serves as Chairman of the Board of the company. He serves as Partner of the national law firm McCarthy Tétrault LLP since September 2013. Prior thereto, partner of the national law firm Heenan Blaikie LLP since 2001. Mr. Pasieka has served as an officer and director of a number of public energy companies, and chairman of the board of several oil and gas companies.

Paul Colborne

Mr. Paul Colborne serves as President, Chief Executive Officer, Director of the company. President and CEO of the Corporation. He is also the President of StarValley Oil and Gas Ltd., a private, Calgary-based oil and gas company founded in November 2005. Mr. Colborne currently serves on the Board of Directors of Rising Star Resources Ltd. and Red River Oil Inc., two private oil and gas companies. In 1993, after nine years practicing securities, banking and oil and gas law, Mr. Colborne directed his focus to the oil and gas industry and founded an oil and gas company called, Startech Energy Ltd., a publicly traded company, which grew to 15,000 boe/d. Eight years later in 2001, Startech was acquired by ARC Energy Trust for more than C$500 million. From September 2003 to January 2005, Mr. Colborne was the President and CEO of StarPoint Energy Trust, a 36,000 boe/d publicly traded energy trust. From 1996 to May of 2013, Mr. Colborne was on the Board of Crescent Point Energy, a 165,000 boe/d, publicly traded, dividend paying oil and gas company. Until its sale in July of 2009, Mr. Colborne served as Chairman of TriStar Oil & Gas Ltd. He was also a Director for Westfire Energy Ltd., Twin Butte Energy Ltd., Cequence Energy, and Chairman of Seaview Energy Ltd. until its sale in December of 2009, he also served as a Director of Breaker Energy. Mr. Colborne was also Chairman and a Director of Mission Oil and Gas Inc. until its sale in February 2007. In May of 2014, Paul stepped down from the Board of Legacy Oil + Gas. In June of 2014, Paul completed his term as Chairman of a private company called New Star Energy, and stepped down as a Director.

Paul Ferguson

Mr. Paul Ferguson serves as Chief Financial Officer of the company. Prior thereto, Mr. Ferguson was a research analyst at Fidelity Investments from December 2012. Prior thereto, Mr. Ferguson was a research analyst at Surveyor Capital from May 2011 to December 2012. Prior thereto, Mr. Ferguson was a portfolio manager and analyst at Swank Capital, LLC.

Daniel Brown

Mr. Daniel C. Brown Chief Operating Officer of the company. Prior thereto, Chief Operating Officer of Breaker Energy Ltd. from August 2009 until its acquisition by NAL Oil & Gas Trust in December 2009. Prior thereto, Mr. Brown was the Business Unit Team Lead at a major North American production company.

Murray Bye

Mr. Murray Bye serves as Vice President - Production of the company. Prior thereto, Asset Team Lead - West at Surge since 2010. Prior to his role at Surge, Mr. Bye held a number of positions at EnCana Corporation between the years 2000 to 2010 including: Group Lead of Development, Exploitation Engineer, and Production Engineer.

Gerard De Leeuw

Mr. Gerard A. De Leeuw serves as Vice President - Geosciences of the company. Gerry de Leeuw is a Professional Geologist with over 30 years of experience in the oil and gas industry focused in the Western Canadian Sedimentary basin. Over the past 15 years, Gerry has served in a variety of senior executive roles with Surge Energy and Devon Energy where he was most recently Senior V.P. Exploration and Development Canada and VP Unconventional Resource Exploration worldwide. Previous to Devon, he worked at a number of companies including; Northstar, TCPI, Amoco and Texaco where he gained experience through increasingly senior technical and management positions.

Margaret Elekes

Ms. Margaret Elekes serves as Vice President - Land and Business Development of the company. Prior thereto, Consulting Landman for Breaker Energy from its formation in September 2004 until its acquisition by NAL Oil & Gas Trust in December 2009. Prior thereto, US Land Manager for Upton Resources from December 1995 until its acquisition by StarPoint Energy in February 2004.

Rod Monden

Mr. Rod Monden serves as Controller of the comapny. Prior thereto, Controller for Breaker Energy Ltd. from January 2008 until its acquisition by NAL Oil & Gas Trust in December 2009. Prior thereto, VP Finance and CFO of a private junior oil and gas company from September 2006 to October 2008. Prior thereto, Mr. Monden worked as Manager, Financial Reporting & Budgets at Burlington Resources Canada Ltd. from September 2002 to August 2006.

Robert Leach

Mr. Robert A. Leach serves as Lead Independent Director of the company. He was Chief Executive Officer of Custom Truck Sales Ltd., a private company operating Kenworth truck dealerships in Saskatchewan and Manitoba, and Vice President of ReNue Properties Arizona Inc. Mr. Leach was formerly the Chairman of the Board of Breaker Energy Inc.

Colin Davies

Mr. Colin W.G. Davies serves as Independent Director of the company. He has been President & CEO of Corinthian Oil Corp. since November 2014, and prior thereto, President & CEO of Corinthian Exploration Corp., a private oil and gas company with assets located in the USA and Canada. Prior thereto, Mr. Davies was President & CEO of Corinthian Energy Corp., a private oil and gas company that was founded in 2004 and amalgamated with Surge Energy Inc. in July 2010. Mr. Davies is a professional engineer with over twenty five years of diverse experience in the oil and gas industry.

Daryl Gilbert

Mr. Daryl H. Gilbert serves as Independent Director of the company. He is Managing Director and Investment Committee member of JOG Capital Inc. since May 2008. Mr. Gilbert has also been an independent businessman and investor, and serves as a director for a number of public and private entities, since 2005. Mr. Gilbert has been active in the Western Canadian oil and natural gas sector for over 40 years, working in reserves evaluation with Gilbert Laustsen Jung Associates Ltd. (now GLJ Petroleum Consultants Ltd.) (“GLJ”), an engineering consulting firm, from 1979 to 2005. Mr. Gilbert served as President and Chief Executive Officer of GLJ from 1994 to 2005.

Keith Macdonald

Mr. Keith Elliott Macdonald serves as Independent Director of the company. He serves as President of Bamako Investment Management Ltd., a private holding and financial consulting company. Mr. Macdonald is also Chief Executive Officer and Director of EFLO Energy Inc. and a director of Bellatrix Exploration Ltd., a company listed on the TSX. As well, he is a director of Madalena Energy Inc. and Mountainview Energy Ltd., which are listed on the TSX Venture Exchange, and other public and private oil and gas companies. Mr. Macdonald has served as an officer and director of a number of public and private energy companies.

P. Daniel O'Neil

Mr. P. Daniel O'Neil serves as Independent Director of the company. Independent businessperson since his retirement on May 8, 2013. Prior thereto, President and Chief Executive Officer of the Corporation since April 13, 2010. Prior thereto, President and Chief Executive Officer of Breaker Energy Ltd., a publicly traded oil and natural gas company, from its formation in September 2004 until its acquisition by NAL Oil & Gas Trust in December 2009. Mr. O’Neil was also a director of Cathedral Energy Services Ltd. Prior to its sale, Mr. O’Neil was also a director of Hyperion Exploration Corp.

Murray Smith

Mr. Murray D. Smith serves as Independent Director of the company. He serves as President of Murray Smith and Associates. Mr. Smith also serves on the board of two private companies and Williams Companies Inc. (WMB.nyse), a Tulsa based midstream company. Prior thereto, Mr. Smith was an Official Representative of the Province of Alberta to the United States of America until 2007. Prior thereto, he was a member of the Legislative Assembly in the Province of Alberta serving in four different Cabinet portfolios – Energy, Gaming, Labour, and Economic Development from 1993 to 2005.

Basic Compensation

Name Fiscal Year Total

James Pasieka

155,500

Paul Colborne

1,957,490

Paul Ferguson

1,251,550

Daniel Brown

1,303,750

Murray Bye

--

Gerard De Leeuw

1,155,630

Margaret Elekes

--

Rod Monden

--

Robert Leach

132,500

Colin Davies

125,500

Daryl Gilbert

120,500

Keith Macdonald

135,500

P. Daniel O'Neil

126,000

Murray Smith

129,500
As Of  31 Dec 2016