CALGARY, ALBERTA--(Marketwired - Oct. 1, 2014) - Lightstream Resources Ltd. (the "Company" or "Lightstream") (TSX:LTS) is pleased to announce the closing of our previously announced agreement with Crescent Point Energy Ltd. to sell the remaining assets in our southeast Saskatchewan Conventional business unit for gross proceeds of $378.4 million. Proceeds include cash consideration of $375 million (before customary adjustments) and three key parcels of Bakken rights valued at $3.4 million that [Read more]
Archives for October 2014
Emissions control and LNG tax coming for B.C. fall sitting: finance minister
VICTORIA - The issue of a liquefied natural gas tax is set to heat up debate during British Columbia's fall legislative session, but the potentially controversial issue of emissions controls is also part of the package.Finance Minister Mike de Jong said the Liberal government plans to introduce two separate pieces of legislation focusing on LNG — taxes and emissions reporting.De Jong said the tax legislation will be tabled within the next two weeks and the emissions reporting bill is due in late [Read more]
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