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United Kingdom

Surge Energy Inc (SGY.TO)

SGY.TO on Toronto Stock Exchange

1.41CAD
10 Dec 2018
Change (% chg)

$-0.13 (-8.44%)
Prev Close
$1.54
Open
$1.52
Day's High
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Volume
2,122,553
Avg. Vol
1,032,717
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$2.76
52-wk Low
$1.40

Summary

Name Age Since Current Position

James Pasieka

63 2015 Chairman of the Board

Paul Colborne

56 2013 President, Chief Executive Officer, Director

Murray Bye

2018 Chief Operating Officer

James Stannard

2018 Executive Vice President

Margaret Elekes

2018 Senior Vice President - Land and Business Development

Jared Ducs

2018 Vice President - Finance

Robert Leach

2010 Lead Independent Director

Daryl Gilbert

66 2014 Independent Director

Keith Macdonald

61 2010 Independent Director

P. Daniel O'Neil

2016 Independent Director

Murray Smith

68 2010 Independent Director

Biographies

Name Description

James Pasieka

Mr. James Murray Pasieka is 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 is 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.

Murray Bye

Mr. Murray Bye serves as Chief Operating Officer 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.

James Stannard

Mr. James L. Stannard is a Executive Vice President of the Company. Mr. Stannard will join the Company on September 6, 2018 in the role of Executive Vice President. With 25 years of very diverse experience in the energy sector, both in Western Canada and internationally, Mr. Stannard will bring additional expertise at the executive and technical levels. He is a graduate of the University of Alberta in Petroleum Engineering and worked in a variety of engineering roles early in his career before completing ten years in executive roles with Progress Energy. Subsequent to the acquisition by PETRONAS, Mr. Stannard continued in the organization and held executive roles including CEO of PETRONAS Australia. Most recently, he has been providing independent consulting services focused on business development and operations improvement strategies.

Margaret Elekes

Ms. Margaret Elekes serves as Senior 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.

Jared Ducs

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.

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

159,000

Paul Colborne

2,162,000

Murray Bye

1,234,610

James Stannard

--

Margaret Elekes

1,174,110

Jared Ducs

--

Robert Leach

135,500

Daryl Gilbert

124,000

Keith Macdonald

139,000

P. Daniel O'Neil

127,500

Murray Smith

132,500
As Of  31 Dec 2017