Minnow swims with whalesCanadian junior parlays good fortune into C$2.5 billion company, but could look for buyer in next year rather than seek capital to develop Algerian assets Gary Park Petroleum News Calgary Correspondent
It has no production, no revenue, keeps posting quarterly losses and isn’t even listed in Nickle’s Canadian Oil Register, the definitive guide to the industry.
But it has listings on the London and Toronto stock exchanges, it boasts market value of about C$2.5 billion on the Toronto exchange, where....
[additional news subjects in this story]
Algerian entry defied the odds Development could cost US$1.2 billion
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