Post by
gilllis on Oct 16, 2013 8:59am
M&A in Cdn O&G sector is restarting
we will se many more in in next 6 to 9 months. Investors are expecting Keystone to be approved, time is nearing. Foreign investors are coming back (Petronas recent announcement and one at least acquisition of a small Cdn oil company by a Chinese company), US investors are returning to Cdn O&G assets (Buffet's recent move is just an indicator). RPL is on the list of upcoming take overs along with BIR, LEG, PPY, LRE, may be even CLL, PRY and SOG. Just my opinion. But personnally, my investments are more in the O&G infrastructure sector that is going to benefit from the boom in the construction of roads, pipelines, drilling of wells.