UTS Energy victorious — for nowOil 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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