Russell Stanley of Jennings Capital, an expert on mergers and acquisitions, knows how to find the margin in the increasingly profitable energy service industry, and explains the rules of this investment game.
In the world of a constantly changing oil and gas environment, the Montney shale basin is the sleeping giant that holds the key to accelerating Canada’s shale oil and gas boom, but the real treasure within this giant is a tight liquids-rich zone (approximately 15-20 miles wide) that has big and small players alike narrowing their focus for the potential of a giant payout.
Oil-sands mogul Murray Edwards is backing a C$100 million ($92 million) bond sale by Imperial Metals Corp. that will help fund the cleanup of a mine-waste spill, the worst accident of its kind in Canada in 20 years.
The last time a politician named Trudeau tried to regulate Canada’s energy industry, it sparked outrage in Alberta. Justin Trudeau is betting his plan to manage growth in the oil sands will be less combustible.