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-   -   2 junior oil firms cut dividends, output as prices remain 'embarrassingly low' (https://forums.calgaryn.com/showthread.php?t=7867117)

news 12-07-2018 06:59 PM

2 junior oil firms cut dividends, output as prices remain 'embarrassingly low'
 
Both Cardinal Energy Ltd. and Granite Oil Corp. say they can't afford to wait and see if production cuts imposed by the Alberta government starting Jan. 1 will work to drain a glut of oil and thus allow prices to recover.


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