12:01 PM EST - Surge Energy Inc. : announced its financial and operating results for the three month period ended June 30, 2012. The company achieved record quarterly funds from operations of $24.3 million which increased 104% from $11.9 million during the same period of 2011. Funds from operations per share increased 62% to $0.34 during the second quarter of 2012 from $0.21 during the same period of 2011. Surge Energy Inc.
shares T.SGY are trading up $0.24 at $7.74.