Surge Energy


Paul Colborne, President & Chief Executive Officer

Paul Colborne has over 22 years of experience in the oil and gas industry and has been involved in a leadership, executive or director capacity with over 30 oil and gas and energy services companies.  Mr. Colborne has successfully grown and, subsequently transitioned, a number of aggressive Canadian junior oil and gas companies into sustainable, modest growth dividend paying companies with excellent results, including: Startech Energy Inc., Crescent Point Energy Trust, and Star Point Energy Trust. At each of these companies, Mr. Colborne contributed to significant shareholder value being created.

Paul Ferguson, Chief Financial Officer

Paul Ferguson has over 24 years of experience in the oil and gas industry, combined as both an investor and an engineer.  Mr. Ferguson served 14 years as both a portfolio manager and research analyst in the investment management industry, most recently with Fidelity Management and Research in Denver, CO.  Mr. Ferguson also spent a significant amount of time with Surveyor Capital and Swank Capital in Dallas, TX. 

Prior to his career as an investor, Mr. Ferguson spent time as a production operations engineer with Kerr-McGee Corporation and Oryx Energy. Mr. Ferguson received a BS in Mechanical Engineering from the University of Oklahoma, and a MBA in Finance from Southern Methodist University.

Margaret Elekes, Vice President Land

Margaret Elekes has 25 years of experience in the oil and gas industry focusing on negotiations, acquisitions and divestitures in both Canada and the United States. Prior to being a founding member of Surge, Ms. Elekes held key roles with Breaker Energy Ltd and Upton Resources Inc. Ms. Elekes graduated in 1987 from the University of Saskatchewan with a Bachelor of Commerce degree, obtained a major in Petroleum Land Management from the University of Calgary in 1991 and holds a P. Land Designation. She served on the board and continues to be an active member of the Canadian Association of Petroleum Landmen.

Murray Bye, Vice President Production

Mr. Bye is a Professional Engineer with more than 15 years of engineering experience including exploitation, production, and reservoir in Western Canada. Mr. Bye has held the role of Asset Team Lead - West at Surge since 2010 where he has been responsible for growing three core operating properties at Valhalla, Nipisi and Windfall. Prior to his role at Surge, Mr. Bye held a number of positions at EnCana Corporation between the years 2000 to 2010 including: Group Lead of Development, Exploitation Engineer, and Production Engineer. Mr. Bye graduated in 2000 from Montana Tech with a Petroleum Engineering degree.


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