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Canadian flag hoisted high in on the hills energy.

Extinction predicted for Canada energy industry without M&A

The Canadian energy sector is predicted to face extinction unless certain mergers and acquisition takes place. There is some opportunity for the same north of the Canadian border. The choice is now to merge and innovate or to face extinction.

The mix of potential M&A candidates varies, with natural consolidators among the oil-weighted producers “self-explanatory,” including the likes of Canadian Natural Resources Ltd., Whitecap Resources Inc., and Torc Oil & Gas Ltd.

Source: World Oil

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