Any word on who bought this place up?
9 replies (most recent on top)
Rainbow Lake is an environmental nightmare. The cost of cleanup would far exceed any revenues . It's an ARO nightmare
Tucker was a real dog for Husky. They sunk so much capital in it to try and make it perform better. No wonder Cenovus got rid of it. I guess Strathcona looked into all the sunk capital in it or bought it without looking under the hood.
Lol, no one is buying rainbow lake
Feel bad for the guys at site with all the transition between so many companies but maybe it’s for the best. Strathcona will probably pay more attention to Tucker than Cenovus would have so they might be better off. Assuming they make any cuts. Only thing you can be sure of here is there will be more sales. For all their talk our CLT could not care any less about the employees of they tried. They will get rid of you in two seconds if it suits their needs.
Rainbow lake to still be announced
I can’t believe someone actually bought Tucker….this is a grand slam for Cenovus!!!!!
The one guarantee anyone associated with Tucker in Calgary will now be redundant!!
Strathcona. 800MM
Strathcona Resources