POGI volume alert
has interest in this project
Surge Global Energy Inc. Spuds First Well at Sawn Lake and Validates the Farmout Agreement with Deep Well Oil & Gas Inc. and Northern Alberta Oil, LTD.
SAN DIEGO--(BUSINESS WIRE)--Sept. 29, 2005--Surge Global Energy, Inc. (OTCBB:SRGG - News) is very pleased to announce that it has spudded its first well at Sawn Lake, Alberta Canada on September 25th at 10:45 A.M. Surge CEO Fred Kelly said that, " The Alberta Energy and Utilities Board (AEUB) issued to Surge Well License (No. 0338653) on September 21, 2005 at 4:28 P.M. MT, despite the high demand for drilling rigs, within hours we were able to secure a rig from Precision Drilling. Late last Friday night we began preparation of the lease and commenced the move of drilling equipment Saturday (9/23) morning. The first well has been spudded targeting the Bluesky formation zone on SE1/4 of section 36, township 91, range 13 W5M. This well is now in the process of being drilled vertically and will be cored over the next five days."