I noticed the news story about the ex-CEO of petro-can joining the board of directors.
I was not too sure what that was supposed to accomplish, but I was watching BNN last night, and they were talking about Suncor's results and a neat little bit of info slipped out in the interview...
The guest mentioned that Suncor might be looking to sell their North Seas assets.
Now lets see, we have this 140 million line of credit aranged recently and now the ex-CEO of petro-can comes on board just when the company that he used to run (half of it) is looking to sell assets that he was probably responsible for petro-can aquiring at the time.
Sounds too good to be not true in my opinion.