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Nexen Inc. Message Board

  • matthew_bronson2002 matthew_bronson2002 Dec 7, 2012 5:54 PM Flag

    Pengrowth too small

     

    Opposition will be fierce to deals so they have to be meaty or dont even bother with them. Penn West is the dominant player in 4 of Canada's 5 biggest light oil plays. Harper said it will be almost IMPOSSIBLE for any foreign party to do a take over of the oil sands and these would only be approved under "exceptional circumstances". Penn West at 163 000 BOE is meaty production for a foreign state enterprise or nice reserves added to an XOM or BP.

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