Canadians opt for debt
Historic lows for interest rates, highs for commodity prices, plus vast pools of capital in U.S. prompt oil sands operators to issue debt rather than shares
For Petroleum News
For almost a quarter century debt has been out of favor in the Canadian oil patch, tarnished by the collapse of Arctic explorer Dome Petroleum, which buckled under an unmanageable load of C$6.2 billion.
But it seems debt is now back in favor, especially in a world of low interest rates, high commodi....
[additional news subjects in this story]
Western Oil Sands closes five-year credit facility
UTS Energy says it will likely enter debt market
Carmata: labor, materials competition
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