UTS Energy victorious ó 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
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 Totalís 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 Hillsí costs down
You must be logged in to view this story. Please either log in or subscribe.
Click here to subscribe to Petroleum News for as low as $69 per year.
Subscribers log in here to read the entire newspaper (1998 to 06/24/2013)
Print this story | Email it to an associate.
Petroleum News - Phone: 1-907 522-9469 - Fax: 1-907 522-9583
[email protected] --- http://www.petroleumnews.com ---
S U B S C R I B E
Copyright Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA)©2013 All rights reserved. The content of this article and web site may not be copied, replaced, distributed, published, displayed or transferred in any form or by any means except with the prior written permission of Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA). Copyright infringement is a violation of federal law subject to criminal and civil penalties.