August 16, 2024 – Moss Creek Resources Holdings, Inc. (the “Company”), a wholly-owned subsidiary of Surge Energy US Holdings Company, announced today that it completed an offering of $750.0 million aggregate principal amount of 8.25% senior unsecured notes due 2031. The offering was closed on August 15, 2024. The Company intends to use the net
January 3, 2024 – Surge Energy US Holdings Company (“Surge” or the “Company”) announces both the Company’s two outstanding issuances of Senior Notes significantly outperformed the High Yield Bond Market for the third consecutive year from 2021 through 2023. The Company’s two bond issuances, Senior Notes due 2026 and Senior Notes due 2027 delivered total
November 27, 2023 – Surge Energy US Holdings Company (“Surge” or the “Company”) announces it has eliminated approximately 365 thousand metric tons of CO2e through operational excellence, innovation, and investments in emissions-eliminating infrastructure and operations such as water infrastructure, electrical infrastructure, and the use of dual fuel completions operations. These emissions-eliminating infrastructure and operational practices
September 28, 2023 – Surge Energy US Holdings Company (“Surge” or the “Company”) today announced the release of the Company’s 2023 Corporate Sustainability Report. This is the Company’s second publicly available report and fourth overall report, providing a comprehensive update on Surge’s sustainability goals, relevant operational investments, and environmental, social, and governance (“ESG”) initiatives. Additionally,
September 20, 2023 – Surge Energy US Holdings Company (“Surge” or the “Company”) announces it has surpassed $8 billion of contribution to the Texas economy which includes cumulative oil and gas revenues, royalty and working interest payments, and production taxes since the Company’s inception in 2015. This was achieved in the second quarter of 2023
August 17, 2023 – Surge Energy US Holdings Company (“Surge” or the “Company”) announces jointly with NexTier Oilfield Solutions (“NexTier”) record-breaking completion efficiency in the second quarter as well as emissions reductions. Surge has utilized a NexTier completion crew as the Company’s dedicated crew since the fourth quarter of 2022. In the second quarter of
June 21, 2023 — Surge Energy US Holdings Company (“Surge Energy” or the “Company”) today announced that it was listed in the Houston Chronicle’s Top 100 Private Companies headquartered in Houston, TX as published on June 18, 2023. Surge Energy Ranked 16th on the list of top private companies as determined by the Houston Chronicle.
May 30, 2023 – Surge Energy US Holdings Company (“Surge Energy” or the “Company”) today announced the Company celebrated its eighth anniversary of the Company’s founding. Surge Energy was founded in May 2015 and has since accumulated over 160,000 net acres in the Permian Basin, drilled and completed approximately 498 horizontal wells, grown production by
April 28, 2023 – Surge Energy US Holdings Company (“Surge Energy” or the “Company”) today announced strong sustainability and financial success in 2022. 2022 was a transformative and record-breaking year for Surge Energy. The Company delivered company record production levels, free cash flow, and net income. On sustainability, the Company continues to make progress toward
April 24, 2023 – Surge Energy US Holdings Company (“Surge Energy” or the “Company”) announces upgraded credit ratings from S&P Global Ratings (“S&P”) to Moss Creek Resources Holdings, Inc. (“Moss Creek”), a subsidiary of Surge Energy and issuer of the Company’s Senior Unsecured Notes (“Senior Notes”). As announced by S&P, the issuer credit rating on