Ride the Tiger with CD Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Ride the Tiger with CD

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: ogi who wrote (144270)	1/30/2009 9:23:36 AM
From: Rocket Red	Read Replies (1) of 313038

A little Juice on your OIL Oilexco likely to be sold in one By Upstream staff Bids to buy the assets of insolvent North Sea player Oilexco were due to be handed in to its administrators on 30 January, with industry sources suggesting the company was likely to be sold as a single entity. Market watchers told Upstream there is a "strong possibility'" that Oilexco would be sold as a single entity, without its corporate debt and other obligations, instead of a being sold piecemeal to asset buyers. The UK's Department for Energy&Climate Change is believed to prefer Oilexco be sold en bloc and has made its views known to the administrators. Well-placed sources suggested interested parties include Canadian players Petro-Canada and Nexen, who in recent years have beefed up their presence in UK waters on the back of their stakes in the major Buzzard oilfield. upstreamonline.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next