NOW READ OUR ARTICLES IN 40 DIFFERENT LANGUAGES.
HOME PAGE SUBSCRIPTIONS, Print Editions, Newsletter PRODUCTS READ THE PETROLEUM NEWS ARCHIVE! ADVERTISING INFORMATION EVENTS PETROLEUM NEWS BAKKEN MINING NEWS

SEARCH our ARCHIVE of over 17,000 articles
Vol. 14, No. 17 Week of April 26, 2009
Providing coverage of Alaska and northern Canada's oil and gas industry


Alberta fund buys Precision Drilling stake

AIMCo offers C$280 million in debt, equity financing for land drilling contractor; Precision acquired Grey Wolf in late 2008

Gary Park

For Petroleum News

An investment arm of the Alberta government is taking up to a 19 percent ownership position in Precision Drilling Trust by way of a lifeline to keep one of the world’s largest land drilling contractors from being sucked into a debt bog. Through the Alberta Investment Management Corp., AIMCo, which r....

    [additional news subjects in this story]

Political criticism

Cash distributions suspended


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
circulation@PetroleumNews.com --- 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.