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A land dispute with Shell (RDS.A) is threatening Teck Resources' (TCK) first stand-alone oil...

  • Tuesday, January 29, 12:15 PM ET
    A land dispute with Shell (RDS.A) is threatening Teck Resources' (TCK) first stand-alone oil sands project, adding uncertainty to the miner’s push into energy. TCK, which holds a 20% stake in the proposed Fort Hills oil sands mine, already faces the prospect of a delay on that venture as Suncor (SU), the project operator, reviews the profitability of expansion plans.
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This news story has 2 comments:

  •  
    This could be a blessing in disguise for Tck, as anything that will delay spending money in the oilsands at this time is a good thing for the share price.
    29 Jan, 12:29 PM Reply Like
  •  
    It's a huge investment to not be able to produce anything. Looks like Shell is making it attractive to sell to them which would eliminate all conflicts.
    29 Jan, 04:15 PM Reply Like
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