Bullboard - Stock Discussion Forum Surge Energy Inc (Alberta) T.SGY

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

Energy Oil & Gas E&P

Surge Energy Inc. is a Canada-based oil focused exploration and production (E&P) company. The Company's business consists of the exploration, development and production of oil and gas from properties in Western Canada. It holds focused and operated light and medium gravity crude oil properties in Alberta, Saskatchewan and Manitoba, characterized by large oil in place crude oil reservoirs with... see more

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Surge Energy Inc (Alberta) > Iran oil is not a factor for supply

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Post by Franman184 on Feb 14, 2022 11:35am

Iran oil is not a factor for supply

Legitamizing thier sales only means more revenue not more barrells

According to data from cargo tracking companies, Iran has been exporting some 1 million bpd lately, which is the highest export rate since 2019. In December, according to Petro-Logistics data, Iran exported more than 1 million bpd of crude. The January average, however, has been lower at 700,000 bpd.

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Comment by SC2021 on Feb 14, 2022 12:49pm

I agree: Iran has never stopped shipping oil, for people to believe otherwise is extremely foolish. China imported over 260,000 tonnes in December the equivelent of 2.2 million bbl; and that is just what they have admitted too. Oil and gas tanks are seen at an oil warehouse at a port in Zhuhai, China October 22, 2018. REUTERS/Aly Song SINGAPORE, Jan 20 ...more

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