Expectations of share sale for Petro-Canada take hitIntegrated oil company takes drubbing over 5% cut in reserves and lowered production outlook; but sets long-term goal to ‘significantly’ replace reserves Gary Park Petroleum News Calgary Correspondent
Speculation that the Canadian government might finally unload its last 18.6 percent stake in Petro-Canada was even more firmly pushed to the side Jan. 29 when the company absorbed one of the largest single-day declines in its share value.
More than 11 hours after posting a 44 percent drop in its fo....
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One-time problems cited Long-term goal to improve reserve replacement
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