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(Jeff McIntosh/Jeff McIntosh For The Globe and Mail)
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Under pressure, energy junior launches strategic review
TIM KILADZE
— The Globe and Mail
Published
Last updated
Bowing to pressure from a Calgary-based activist energy fund, TriOil Resources Ltd. has launched a strategic review, spurring speculation that a sale could emerge.
With a market value of just $211-million, TriOil isn’t a major name in the Canadian landscape, but it’s attracted a boat load of attention in Western Canada lately.