Varcoe: Flush with cash, Canadian oilpatch rapidly trims debt levels
"We literally have a bulletproof balance sheet now,” said NuVista Energy's CEO.
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"We literally have a bulletproof balance sheet now,” said NuVista Energy's CEO.
"We literally have a bulletproof balance sheet now,” said NuVista Energy's CEO.
A surprise production cut by the Organization of Petroleum Exporting Countries and its allies (OPEC plus) is just one factor lifting the spirits of Canada's energy sector executives these days, as experts say crude prices could return to US$100 a barrel later this year.
Jersey Oil & Gas Can Expect Upside Potential From North Sea Farm-Out Deal 1109 GMT - Jersey Oil & Gas' farm-out announcement with a significant U.K. North sea operator should be well received by investors, finnCap analyst Jonathan Wright sa... | 12:16pm
Shares in Jersey Oil and Gas PLC (AIM:JOG, OTC:JYOGF) jumped 17% in early deals after the company revealed it was close to inking a farm-out deal with a...