09:49 AM EST - Surge Energy Inc. : announced its financial and operating results for the year ended December 31, 2011. Oil and natural gas sales totaled $111.7 million, a 134% improvement over the year before. Net income proved to be $2.095 million, compared to a 2010 net loss of $7.7 million. Surge Energy Inc.
shares T.SGY are trading down $0.02 at $10.76.
