Trusts heed analyst’s advice
Penn West, Canetic create North America’s largest conventional trust, eye on global growth; CEOs spurn ‘rocking chair’
For Petroleum News
The future of Canada’s energy income trusts was given shape on Oct. 31, the exact anniversary of the federal government’s Halloween bombshell that blew the sector apart.
It was resounding confirmation of a message from most analysts who say the sector has two choices: Go big, or go home.
Penn West E....
[additional news subjects in this story]
Only oil sands trust larger
Trusts building mass
Acquisitions will proceed
Bulk prefer tax advantages
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