Talk:Shell Canada

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Comments

Couldn't this [1] fit somewhere in this article? --A Sunshade Lust 06:15, 29 April 2006 (UTC)[reply]

This is concerning the parent company of Shell Canada, Royal Dutch Shell. I'm sure room could be made for it in RDS' article.Gunis del 05:17, 16 February 2007 (UTC)[reply]

I don't know where the writer gets his information.The statement that some of the local board members opposed the sale is false (hence I removed it). The board unanimously approved the $45 offer. The statement that it was about not having to deal with minority shareholders is misleading (removed that too). The biggest fundamental drivers for acquisition are - Canada is a good place to do business from a political, social and quality of work force point of view vs. other places (e.g. Russia, Nigeria) - The easy, conventional oil has already been found. There is a continuing, growing market demand for petroleum. This means that unconventional oil, particularly the oil sands in Alberta, becomes the marginal supply source and thus will sustain the price of oil at a level that makes investment in oil sands economical. RDS wants a big piece of the oil sands and their proven reserves - RDS was awash in cash allowing a debt-free investment. Sitting on cash was also detrimental to their return on investment

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BetacommandBot (talk) 05:32, 18 February 2008 (UTC)[reply]