From the archives: How Chinese energy firm Sequoia went bust – and left behind a huge bill [Toronto Globe and Mail (Ontario, Canada)]
Canadian Natural Resources Limited (CNQ)
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Source: Toronto Globe and Mail
How Chinese energy firm Sequoia went bust – and left behind a huge bill An oilfield drilling rig works on an oil well, belonging to Pengrowth Energy, near Sundre, Alberta in 2014. Larry MacDougal/The Canadian Press Images The iconic store chain, Toys 'R' Us, will sell or close all of its U.S. stores in the coming months, which could affect up to 33,000 jobs and more than 700 U.S. locations. Colette Luke has more. Reuters An oilfield drilling rig works on an oil well, belonging to Pengrowth Energy, near Sundre, Alberta in 2014. A small, Chinese-backed energy company's insolvency has drawn Canada's largest oil and gas producer into a growing dispute over hundreds of millions of dollars of environmental liabilities. Sequoia Resources Corp., a natural gas producer, is seeking creditor protection as it owes millions of dollars in unpaid municipal taxes. Its previously weak financial position has raised questions about whether it should have been allowed to acquire aging oil and gas w
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- 3/20/24 - Form 40-F
- 3/20/24 - Form 6-K
- 3/8/24 - Form 6-K
- CNQ's page on the SEC website