11:58 AM EST - Surge Energy Inc. : announced that it has acquired ownership and control of 9,300,000 common shares of Longview Oil Corp., representing 19.8% of the outstanding Common Shares, at a purchase price of $4.45 per Common Share. The Common Shares were acquired pursuant to a bought deal secondary offering of Common Shares, which were sold by an existing shareholder of Longview on February 28. Surge Energy Inc.
shares T.SGY are trading up $0.19 at $5.89.
