Canadian companies weeding out the weakNew decade launched with flurry of M&A action as Suncor offloads unwanted Petro-Canada assets, PetroBakken adds tech-driver plays Gary Park For Petroleum News
Canadian-based companies have added early sizzle to the 2010 mergers and acquisitions market, led by Suncor Energy’s swift action to weed out what Chief Executive Officer Rick George rates as weaker, noncore holdings inherited in the takeover of Petro-Canada.
Once-valued Petro-Canada natural gas as....
[additional news subjects in this story]
Initial production decline Assets widely scattered PetroBakken purchase
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