Surge Exploration Inc is a Canada-based oil focused E and P company, that has a crude oil reserve, production and cash flow base. Surge has elite, operated properties characterized by Original oil in place (OOIP) crude oil reservoirs with low recovery factors, an 14 year inventory of more than 700 net low risk development drilling locations, several waterflood projects, and a balance sheet. Surge's management team has initiated an orderly, on-going risk management/hedging program designed to protect cash flows, fund capital expenditures, and to pay dividends.