https://www.theglobeandmail.com/report-on-business/industry-news/energy-and-resources/us-billionaire-wilbur-ross-eyeing-canadian-us-energy-sectors/article20967614/
Published Tuesday, Oct. 07 2014
On Tuesday, Ross said that, while he is looking across the sector, he is gravitating toward small- and mid-cap companies because they have been the hardest hit.
“We’re generally making investments that are in the nine figures,” he said when asked about the size of any potential deals.
In August, Canexus Corp., the developer of Canada’s first dedicated oil train terminal, said it was in talks with interested parties about potentially selling its 70,000 barrel-per-day loading facility in Alberta.
It is unclear whether Ross is in talks with Canexus. RBC Capital Markets analyst Nelson Ng, after a meeting with Canexus management in late September, said in a note to clients that the asset is drawing strong interest from a wide range of parties.