TSX:HSE.PR.B - Post by User
Comment by
oilandgasmickon Nov 28, 2015 4:21pm
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Post# 24335131
RE:Canadian oilpatch - Larger Ones to Survive
RE:Canadian oilpatch - Larger Ones to SurviveI certainly agree with this article, the larger integrated companies may be the only survivors after the carnage. LKS won't let HSE go under but meantime look at this article that goes into great detail about the growing pain in the distressed energy sector: Sadly, the mainstream press has virtually ignored this storm, but not for much longer because these defaults will also hit the larger credit markets which will effect everyone. https://peakoil.com/business/oil-the-wildfire-spreads