NYSE:IVAN.WS - Post by User
Post by
kmilneon Mar 15, 2005 10:37am
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Post# 8752803
only game in town
only game in town
Not so. Husky Oil has a large heavy oil upgrader at Lloydminster,Sk.
The IE process however is new technology and supposedly more efficient and economical. Whether it will make the Husky process obsolete or not I don't know, I guess it depends on how well it is accepted by the heavy oil industry.
I think I will invest in IE however there should be a more opportune time when oil pulls back for a breather.
Only negative I see is a lot of outstanding shares.