Shi Ming Sen's Profile
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As a Canadian, I am actually quite happy that the Keystone has been sabotaged.
Although at first glance it seems to be bad news, on second thought, it has highlighted the need to diversify our client base for oil, which at present virtually has to be shipped to the US, taking a beating due to the fact that the WTI price is significanlty beow the Brent price.
The sooner we get off-continent customers, the better!
Wow! A new financial crisis; Connacher nust be planning some sort of news release tomorrow!
Hi Jurek -
A careful reading of the title -Connacher Oil and Gas to form Joint Venture for Oil Sands Assets - suggests that the report consists of an analysis of the possible forms of a J-V, rather than an eveluation of an actual one. Iexpect a case of Laphroiag would be a better buy.
Also, if there is actually a JV in place, wouldn't it be available elsewhere?
Here is a notification I received today:
>Connacher Oil and Gas to form Joint Venture for O... - Silobreaker
"Connacher Oil and Gas to form Joint Venture for Oil Sands Assets" Published.
Anyone heard anything?