Mergers and acquisitions activity certainly wasn’t a winning strategy last year, when the price of Western Texas Intermediate crude (a U.S. benchmark) plummeted in the second half of 2018, Western Canadian Select crude (a Canadian benchmark) fell to multiyear lows and the broad Canadian energy sector ended the year down 28 per cent. Web: suncor.com. Calgary-based Painted Pony will hold a special meeting of security holders in September, where it requires 66.67 per cent of votes in favour for the transaction to close. EY & Citi On The Importance Of Resilience And Innovation, Impact 50: Investors Seeking Profit — And Pushing For Change. “We’re not adding barrels. With eight days until the poll, Barrett’s confirmation is the closest to Election Day in American history. 351 King Street East, Suite 1600, Toronto, ON Canada, M5A 0N1, Unchecking box will stop auto data updates, Due to technical reasons, we have temporarily removed commenting from our articles.
Our cost advantage, coupled with our diverse portfolio of assets and talented workforce, facilitates strong economic returns for shareholders. Because of the deal’s structure and the company’s strong balance sheet, there is no need for CNRL to sell other assets to pay down debt after the deal closes, Mr. Wood said. This is a space where subscribers can engage with each other and Globe staff.
We continually target cost effective alternatives to develop our portfolio of projects and to deliver our defined growth plan. Developing People - Building Sustainable Communities, Doing it Right - Innovation in Reclamation and Decommissioning, With Fun and Integrity - Employee Initiatives, Our Stories of Strength and Resilience During COVID-19, Empowering our People Through Training and Development, Research Collaboration Improving Industry Performance, Accounts Payable (AP) Onboarding Instructions. A year later, the company bought the undeveloped Joslyn oil sands project from France’s Total SA as well as assets from Laricina Energy Ltd., for a total of about $275-million. Game Six of the World Series often produces iconic moments. The Company continually targets cost effective alternatives to develop our portfolio of projects and to deliver our defined growth plan, thereby creating value for shareholders ... Read more Mission: We strive to live through our mission statement: "To develop people to work together to create value for the Company's shareholders by doing it right with fun and integrity." © 2020 Forbes Media LLC. Contact Information.