looks like we had a bit of a take down today on volume, not sure who the main sellers were or why. "Bought deal" financing for an acquisition just closed today, was overbought, price was $6.30

The current annual dividend is $.52 soon to change to $.54. This will be their 4th increase since becoming a dividend payer last year.

At $6.00 Surge will yield 9.0%. Recent high was $7.30 All time high March 1/12 $11.17

RSI 31.5, 200dma $5.62, 50dma $6.44

Now Solid Management with a proven track record and very good light-medium oil properties in Western Canada

MANAGEMENT CHANGES (May 2013):

The Board of Directors of Surge ("Board") is pleased to announce that they have unanimously agreed to appoint Mr. Paul Colborne as the President and CEO of Surge, effective immediately. Mr. Colborne will also continue on as the Chairman of the Company.

In addition, Surge is pleased to announce the addition of Mr. Murray Bye as the Vice President of Production of Surge. Mr. Bye will assume his new role immediately.

http://www.surgeenergy.ca/index.php?page=management

http://www.surgeenergy.ca/

http://www.stockchase.com/company/find