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WesternZagros (V.WZR) submits a Declaration of Commercial Discovery and plans first horizontal development well in Q4 2014
U.S. and Canadian stocks were mixed as the U.S. and European Union imposed fresh sanctions on Russia.
Encana (NYSE: ECA), Talisman Energy (NYSE: TLM), and Nexen (NYSE: NXY) ripe for takeover
Ultimate low will be near $4.00
They must have provisioned for that on their balance sheet.
Thank god and this ps is only down 4 cents, if o oil was down 5 cents it would be down a buck. Lol what a dog 😣
The biggest problem that TLM has is the abandonment liability provision that it has set up for the NS assets. This problem was recognized...
If it plays out that way, I suppose they will have to find a new piggy-bank or float a lot more Gilts.