Opti canada files for creditor protection




















Dunn said, whether existing wells will get enough bitumen out of the ground. Nexen isn't the only company to struggle with SAGD. Husky Energy Inc. Are we going to have to play with the operating conditions to optimize it? But that's an easy thing to do.

So, is it going to work? Yeah, it's going to work. I've never worried about that. Follow David Ebner on Twitter: davidebner Opens in a new window. Report an error. Editorial code of conduct. Opti Canada, a Calgary-based junior oilsands company, has filed for creditor protection as part of a restructuring that has its creditors agreeing to a debt-for-equity swap.

Opti filed in Alberta's Court of Queen's Bench on Wednesday to implement the restructuring, which the firm said would "materially improve the company's total leverage and liquidity. Team or Enterprise Premium FT. Pay based on use. Does my organisation subscribe? Group Subscription. Premium Digital access, plus: Convenient access for groups of users Integration with third party platforms and CRM systems Usage based pricing and volume discounts for multiple users Subscription management tools and usage reporting SAML-based single sign-on SSO Dedicated account and customer success teams.

Learn more and compare subscriptions content expands above. So what went wrong here? They are. It promised to bring a new technology to the industry developed in Israel.

Apart from the obvious environmental benefits, this made a lot of economic sense pre when natural gas was expensive and looking to get more so.



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