Ann: Transerv Acquiring Producing Assets in Canada, page-21

I'm writing as a holder of this stock who is also currently working in the Alberta oil patch.

There has been a huge buying of oil companies with people that have money, eg Shell exit, BP exit, Statoil exit, mostly from oilsands. These have been scooped up by the Canadian big players in the oilsands CNR and Suncor. Cost of buying in place assets is over 50% cheaper than developing from scratch.
Same with lots of the smaller players, oils low, prices to buy are low, good time to buy in. There is also a 30% mark up in price of oil as it gets sold to our only customer, USA. 50 dollar US oil is actually 65 dollar CDN

This deal should make money, whether it will trickle down to us, I very much doubt it