Trusts in state of fluxPetrofund, Ultima deal could be start of merger wave, while offering possible answer to foreign ownership issue; Pengrowth introduces dual-class structure Gary Park Petroleum News Calgary Correspondent
Two Canadian energy trusts may have launched the sector on a new path towards consolidation after several years of rapid growth that has seen the creation of 28 trusts.
In the process, they will create a new entity that will comply with federal government rule changes setting a limit of 49.99 perce....
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New trust would have reserves of 112.54 million boe Pengrowth asking approval of two classes of units
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