Well, can’t we just pull it OFF the wire?
Ooops. Petro-Canada, a significant production and retail oil and gas concern, had to rush its quarterly release and earnings call after Canada Newswire mistakenly posted a draft of the company’s second quarter financial statement late Tuesday.
I understand that providing a preliminary draft can help a newswire queue up a release, but I still won’t do it for major announcements. One, because it creates a lot of grief in the executive suite and, two, because it means looooong nights:
“We had very good attendance and good help and cooperation from board members. They obviously understood the gravity of the situation,” said Petro-Canada spokeswoman Helen Wesley, who checked out of the company’s head office after 3:00 a.m. EDT.
(Even if Petro-Canada’s offices are in Calgary, which would have been 1:00 am Mountain Time. Does it count as a long night if the bars are still open when you go home? Was someone exaggerating for effect?)






© 2008 Colin McKay
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