Minnow swims with whalesCanadian junior parlays good fortune into C$2.5 billion company, but could look for buyer in next year rather than seek capital to develop Algerian assets Gary Park Petroleum News Calgary Correspondent
It has no production, no revenue, keeps posting quarterly losses and isn’t even listed in Nickle’s Canadian Oil Register, the definitive guide to the industry.
But it has listings on the London and Toronto stock exchanges, it boasts market value of about C$2.5 billion on the Toronto exchange, where....
[additional news subjects in this story]
Algerian entry defied the odds Development could cost US$1.2 billion
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 $89 per year.
Subscribers log in here to read the entire newspaper (1998 to 11/06/2019)
|
Petroleum News - Phone: 1-907 522-9469 - Fax: 1-907 522-9583 [email protected] --- https://www.petroleumnews.com --- S U B S C R I B E
Copyright Petroleum Newspapers of Alaska, LLC (Petroleum News)(PNA)©1999-2019 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.
|