PDA

View Full Version : 2nd anniversary of oil price crash has energy sector adding up the losses


news
06-23-2016, 05:30 PM
http://i.cbc.ca/1.2960350.1437935492!/cpImage/httpImage/image.jpg_gen/derivatives/16x9_460/oil-workers.jpg Calgary oil and gas producer Long Run Exploration was riding high two years ago. This week, with pressure mounting from creditors, it announced a deal to sell itself to a Chinese company for $100 million in cash, plus the assumption of $679 million in debt, had been approved.


More... (http://start.westnet.ca/newstempcb.php?article=canada/calgary/oilpatch-crude-price-crash-second-year-1.3649279)

From http://start.westnet.ca News
News Provided By
WestNet Wireless Internet