SURGE ENERGY INC. CONFIRMS JUNE 2026 DIVIDEND

Canada NewsWire

CALGARY, AB, May 15, 2026

CALGARY, AB , May 15, 2026 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) confirms that a cash dividend to be paid on June 15, 2026, in respect of May 2026 production, for the shareholders of record on May 31, 2026, will be $0.043333 per share.

SURGE ENERGY INC. CONFIRMS JUNE 2026 DIVIDEND (CNW Group/Surge Energy Inc.)

The dividend is an eligible dividend for the purposes of the Income Tax Act (Canada).

Surge is an intermediate, publicly traded oil company focused on enhancing shareholder returns through free cash flow generation. The Company's defined operating strategy is based on acquiring and developing high-quality, conventional oil reservoirs using proven technology to enhance ultimate oil recoveries.

Neither the TSXnorits Regulation ServicesProvider (as that term is definedin the policiesof the TSX) acceptsresponsibilityfor the adequacy oraccuracy of this release.

Surge Energy Inc. Logo (CNW Group/Surge Energy Inc.)

SOURCE Surge Energy Inc.

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