Post by
livermore2 on Sep 27, 2021 5:37pm
From Globe and Mail a few days ago - value of qc permits
Utica is seeking an unspecified amount of financial compensation from the government, which it says should include sums invested to date on exploration as well as unrealized profits from commercial oil and gas production. Estimates of possible awards range from about $500-million for just the cancellation of licences, to $3-billion or more if potential lost revenues are also included.
Comment by
livermore2 on Sep 27, 2021 7:41pm
PCQ is one of the largest landowners in QC with well over 1,000,000 acres. The market algos don't pick this type of stuff up - but wait until they do!!!