{"id":5376,"date":"2015-02-07T09:15:10","date_gmt":"2015-02-07T14:15:10","guid":{"rendered":"http:\/\/olduvai.ca\/?p=5376"},"modified":"2015-02-07T09:15:10","modified_gmt":"2015-02-07T14:15:10","slug":"energy-companies-on-the-ropes-as-investors-look-for-deals","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=5376","title":{"rendered":"Energy companies on the ropes as investors look for deals"},"content":{"rendered":"<div class=\"story-headline\">\n<h3 class=\"story-title\"><a href=\"http:\/\/www.cbc.ca\/news\/business\/energy-companies-on-the-ropes-as-investors-look-for-deals-1.2946269\" target=\"_blank\">Energy companies on the ropes as investors look for deals<\/a><\/h3>\n<\/div>\n<p class=\"story-deck\"><strong>Behind the scenes of the oil shock<\/strong><\/p>\n<p>So far\u00a02015 has not been a banner year for the energy sector. Budgets have been slashed, earnings are down and\u00a0jobs are being cut.<\/p>\n<p>The mood in Alberta is tense.<\/p>\n<p>Behind the scenes though, it&#8217;s a different story. Opportunities are being sensed, calls are being made, flights are being booked to Calgary.<\/p>\n<p>Bruce\u00a0Edgelow. vice-president of energy with\u00a0ATB\u00a0Financial,\u00a0says his phone has been ringing off the hook with\u00a0investors both inside and outside Canada looking to take advantage of the current downturn in the oilpatch.<\/p>\n<p>&nbsp;<\/p>\n<p>ATB is a provincially-owned financial institution that lends heavily to Alberta\u00a0businesses, including many in the oil and gas sector.<\/p>\n<p>Edgelow says the calls have been coming from investors that would like to relieve ATB of some of the riskier\u00a0loans it has made to the oilpatch.<\/p>\n<p>&nbsp;<\/p>\n<p>&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Energy companies on the ropes as investors look for deals Behind the scenes of the oil shock So far\u00a02015 has not been a banner year for the energy sector. Budgets have been slashed, earnings are down and\u00a0jobs are being cut. The mood in Alberta is tense. Behind the scenes though, it&#8217;s a different story. Opportunities [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[3],"tags":[1082,103,2964,3286],"class_list":["post-5376","post","type-post","status-publish","format-standard","hentry","category-energy-2","tag-alberta","tag-canada","tag-energy-companies","tag-investment"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/5376","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5376"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/5376\/revisions"}],"predecessor-version":[{"id":5377,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/5376\/revisions\/5377"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5376"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5376"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5376"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}