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Gold/Mining/Energy : Solv Ex (SOLVD) -- Ignore unavailable to you. Want to Upgrade?


To: CharlieChina who wrote (5051)11/12/1997 12:34:00 AM
From: Jim Atkinson  Read Replies (2) | Respond to of 6735
 
To all from the Great White North

Greetings on Remembrance Day to all Canadians.

It just occured to me that Gulf may be a possible (secret) bidder for SOLV. They have just sold (I'd guess) 150 wells and a sour processing plant in Zama, Alberta to Phillips (I think) Petroleum plus four gas plants near by in the Keg River area of Alberta (to Calahoo Petroleum) so that should free up some money for other interests. Gulf is already in McMurray with a small Steam Assist Gravity Drainage Plant. They are having a major fight with area Natural Gas Producers as they contend that removing the Gas will not allow removal of millions of barrels of Crude. The battle is ongoing between them and North Star Energy (Surmont Field).

Interesting Oil Sands story in Fort McMurray Today.
bowesnet.com
This link may change as the current link is usually called 2.html.

Jimmie Atkinson