GREY:ROAOF - Post by User
Post by
marexxxon Feb 02, 2009 12:56pm
639 Views
Post# 15745592
Petro-Can
Petro-CanI'm quite surprise nobody on this board mentioned Petro-Can and Teachers growing tension, all morning BNN is talking about this.
Teachers Pension Plan are the major stake holder in Petro-Can and they are very unhappy with management of this company, they are unhappy particularly with grow of this company or lack of it, a specially with return on underperforming Libyan assets.
Petro-Can was mentioned as one of possible buyers for Oilexco assets and the best way to improve Petro-Can or any other company in this situation is to buy already producing oilfields. :-) :-) :-)
Stay tuned, I think it is much more to this story. IMHO