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Surge Energy Inc (Alberta) T.SGY

Alternate Symbol(s):  T.SGY.DB.B | ZPTAF

Surge Energy Inc. is a Canada-based oil focused exploration and production company. The Company’s business consists of the exploration, development and production of oil and gas from properties in western Canada. Its operations include Sparky and SE Saskatchewan. Its supporting assets include Valhalla, Greater Sawn and Shaunavon. The Sparky operation offers light/medium crude oil production with compelling returns. The SE Saskatchewan operation maintains asset base oil operating netbacks. It has low-cost wells with short payouts and potential for continued area consolidation. The Valhalla operation is offering stacked pay multi-zone potential with light oil and provides range of area infrastructure and access to multiple egress options supports attractive operating netbacks. The Shaunavon operation is producing low decline, medium gravity crude oil with high operating netbacks. Its Greater Swan operation consists of concentrated light oil asset with conventional slave point reefs.


TSX:SGY - Post by User

Post by Carjackon Nov 14, 2023 4:03pm
104 Views
Post# 35735303

Yemen's Houthis leader says group will target Israeli ships

Yemen's Houthis leader says group will target Israeli ships

Yemen's Houthi leader said on Tuesday his forces would make further attacks on Israel and they could target Israeli ships in the Red Sea and the Bab al-Mandeb Strait.

The Iran-aligned group made several missile and drone attacks against Israel this month, highlighting the risk of the war between Israel and Palestinian militant group Hamas spreading into the wider Middle East.

The Houthis, who have been at war against a Saudi-led coalition since 2015, have emerged as a major military force in the Arabian Peninsula, with tens of thousands of fighters and a huge arsenal of ballistic missiles and armed drones.

The group controls northern Yemen and its Red Sea coasts.

"Our eyes are open to constantly monitor and search for any Israeli ship in the Red Sea, especially in Bab al-Mandab, and near Yemeni regional waters," Abdulmalik al-Houthi said in a broadcast speech.

Washington is on heightened alert for activity by Iran-backed groups since Hamas fighters rampaged into Israel on Oct. 7, killing 1,200 people.

Since then, Israel has escalated its assault on Gaza, where its forces have killed more than 11,000 people, according to Palestinian officials.

The Yemen war has settled into a stalemate as the fighting has largely stopped but both parties have failed to renew a United Nations-brokered truce that expired in October.

Reporting by Mohammed Alghobari, writing by Aziz El Yaakoubi, editing by Alexandra Hudson and Angus MacSwan

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