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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 19, 2023 11:38am
148 Views
Post# 35743249

Israel says Houthis seize ship in Red Sea, no Israelis among

Israel says Houthis seize ship in Red Sea, no Israelis among

 

Israel said on Sunday that Yemen's Houthis had seized a British-owned and Japanese-operated cargo ship in the southern Red Sea, describing the incident as an "Iranian act of terrorism" with consequences for international maritime security.

The Houthis, an ally of Tehran, have been launching long-range missile and drone salvoes at Israel in solidarity with the Palestinian Hamas militants it has been battling in the Gaza Strip since Oct 7.

Last week, the Houthi leader said his forces would make further attacks on Israel and they could target Israeli ships in the Red Sea and the Bab al-Mandeb Strait.

There was no immediate comment from the Houthis on Sunday.

Israeli Prime Minister Benjamin Netanyahu's office said a ship - which it did not name - had been seized, and stressed that Israel was not involved in its ownership, operation or the make-up of its international crew.

"There were no Israelis on the ship," it said.

"This is another Iranian act of terrorism that represents an escalation in Iran's belligerence against the citizens of the free world, with concomitant international ramifications vis-a-vis the security of global shipping routes."

The Israeli military said in an earlier statement the ship seizure took place in the Red Sea.

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