By Duncan Sutherland – Exclusive to Heavy Oil Investing News Market News: Now this is not the end. It is not even the beginning of the end. But it is, perhaps, the end of the beginning. Apologies to Winston Churchill, but this quote is perhaps the best measure of the rocky state of the global financial [...]
The acquisition of Burmis Energy Trust and record heavy oil pricing boosted second quarter cash flow for Calgary-based Baytex Energy Trust. Analyst Kristopher Zack of Raymond James said: They were bang on our line. They delivered $125 million worth of cash flow and our estimate was $126 million. For more information, click here For information [...]
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