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Opti Canada announces review

Posted on November 4, 2009 2:30 PM
Calgary, Alberta, oil company Opti Canada Inc. has announced a strategic review, saying its share price does not reflect its potential in the Alberta oil sands.

The Canadian oil sands player, which has an enterprise value of $2.4 billion, said in a statement Tuesday it has hired Scotia Waterous Inc. and TD Securities Inc. as financial advisers to help it with the review.

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