Seeking Alpha
  • Michael Bryant
    Chinese driller CNOOC buying Canadian oil company Nexen (CEO)? Canadian (and US) government won't allow it. http://on.mktw.net/NHrCU6
    7/24/12
    Reply (7)
    • Brandon Gibbs: CNOOC is a monster though
      7/24/12
    • Michael Bryant: Yup, but it's Canada. Remember Potash (POT)?
      7/24/12
    • Brandon Gibbs: I don't know their story to be honest
      7/24/12
    • Michael Bryant: Canada rarely allows a buyout by a foreign company, especially if it hurts the Canadian people.
      7/24/12
    • thediesel28: im canadian and i think the buyout will be allowed to pass, Nexen doesnt hold a big enough stake in the sector to warrant cancelling thedeal
      7/24/12
    • thediesel28: on the note of canadian politics, i see the northern gateway pipeline going through no problem shortly, about 20 people showed up to protest
      7/24/12
    • thediesel28: and that isn't going to stop it, not with the billions of revenue and thousands of jobs it will create.
      7/24/12