Surge Energy Inc. announced preliminary guidance for 2017, with production averaging more than 13,650 boepd, and a 2017 production exit rate of 14,150 boepd. In addition, Surge announced an upward revision to the company's previously announced 2016 production exit rate estimate from 13,000 boepd to 13,500 boepd. The company provided preliminary operational guidance for the 2017, based on the USD 50 WTI as expected average production of 13,650 boe/d (81 liquids) and expected exit production of 14,150 boe/d (81 liquids). Expected total capital spending was USD 85 million. Estimated funds flow from operations is USD 102 million to USD 107 million. Estimated funds flow from operations per share is USD 0.45 to USD 0.48 per share. The company provided preliminary operational guidance for the 2017, based on the USD 60 WTI as expected average production of 13,650 boe/d (81% liquids) and expected exit production of 14,150 boe/d (81% liquids). Expects total capital spending is USD 85 million. Estimated funds flow from operations is to be in the range of USD 129 million to USD 134 million. Estimated funds flow from operations per share is to be in the range of USD 0.58 to USD 0.60. The company revised operational guidance for the 2016. For the period, the company expects 2016(e) exit production of 13,500 boe/d (79% liquids). Expected total capital spending is USD 66 million. Estimated funds flow from operations is USD 74 million.