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Vol. 14, No. 18 Week of May 03, 2009
Providing coverage of Alaska and northern Canada's oil and gas industry


UTS Energy victorious — for now

Oil sands junior persuades shareholders to rebuff Total bid, but now must show it has a better plan; draws hope from reduced costs

Gary Park

For Petroleum News

Having successfully played the role of David in beating back Total, the French energy Goliath, Canadian-based UTS Energy has an even more daunting task ahead. It now has to prove to its shareholders, who spurned Total’s hostile C$830 million takeover bid, that their trust in the company is not mispl....

    [additional news subjects in this story]

Total moving on

Fort Hills’ costs down


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