Wilf Gobert
Wilf Gobert
given happen hit issues market oil price rich strong
It was disappointing, especially given that we are in such a rich market for oil and (refined) products. But on the other hand, if these issues are going to hit you, better that it happen in such a strong price environment.
door larger opening picture
I think the big picture restructuring is probably complete. But they could be opening the door to doing something larger on the acquisition side.
departure john signals
I think this signals the looming departure of John Lau.
economic government issues recurring regarding taxation tough
Ecuador is a tough economic jurisdiction. There has been recurring issues regarding taxation and government take.
assets buying chinese everywhere indians
And as we know, the Indians and the Chinese are buying assets everywhere in the world.
came compete interest name shell
The name never came up. It's bizarre...Is Shell going to compete with itself, or is this a way of not diluting its interest (with other investors)?
core deepest describe except farther frontier given might toward
Given that it's the deepest well ever drilled, you might describe it as a new frontier, except the frontier isn't farther out geographically; it's farther down toward the core of the earth.
canada great price relative return
For Petro-Canada, it's a great price relative to the return they're earning, and they're not exiting the country. They're only exiting that contract, that asset.