RE:RE:lets all be honest...Why is that a bad thing? All foreign energy capital has fled Canada taking close to 1/4 TN in write downs on the way out. Canada is one of the worst countries to be in the o& g business simply because the gas is the cheapest, costs are the highest, the political risk is off the charts, the courts don't work, corruption is on par with Nigeria and corp officers have zero accountability. VLE is finished. Not enough money, no more production cash flow, cant compete with the TNs on covid cash sloshing around.
stockfy wrote: The good thing with VLE is that it has surplus and no debt.
The bad thing is that it does not have exposure to the rising natural gas price in North America. Turkey also has geopolitcal risk.