CALGARY, ALBERTA--(Marketwired - Nov. 27, 2013) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA Bonterra Energy Corp. (Bonterra) (www.bonterraenergy.com) (TSX:BNE) has been notified by the Canada Revenue Agency (CRA) that Bonterra's taxation years, since the November 18, 2008 conversion of Bonterra Energy Income Trust to a corporation, may be reassessed to eliminate certain tax pools. If such reassessments are issued [Read more]
News
MARKETING MACHINES! Feds spend $40M pitching natural resources
OTTAWA - The Conservative government is spending $40 million this year to advertise Canada's natural resource sector — principally oil and gas — at home and abroad.Natural Resources Minister Joe Oliver revealed the figure Wednesday as his department seeks another $12.9 million to augment an international campaign designed to portray Canada as a stable and environmentally responsible source of energy.That will bring NRCan's 2013-14 ad budget to about $40 million — $24 million for advertising [Read more]
Canadian Spirit Resources Inc. Announces Third Quarter 2013 Financial Results
CALGARY, ALBERTA--(Marketwired - Nov. 27, 2013) - Canadian Spirit Resources Inc. ("CSRI" or the "Corporation") (TSX VENTURE:SPI)(OTCBB:CSPUF) announces the release of its interim financial results and Management Discussion and Analysis ("MD&A") for the three and nine month periods ended September 30, 2013. This news release summarizes information contained in the unaudited interim condensed financial statements and MD&A for the three and nine month periods ended September 30, [Read more]
National Energy Board Responds to Gas Pipeline Rupture Southeast of Boyle, AB
CALGARY, Nov. 27, 2013 /CNW/ - The National Energy Board (NEB or Board) is responding to a pipeline rupture on the Nova Gas Transmission Ltd (NGTL) pipeline system approximately 14 kilometres southeast of Boyle, AB owned and operated by TransCanada Pipelines Ltd (TransCanada). The release was reported to the NEB late this morning. The size of the release has yet to be determined by the NEB. There is no immediate safety concern for local residents and precautions are being taken to ensure [Read more]
Anterra Energy Announces Q3-2013 Results
CALGARY, ALBERTA--(Marketwired - Nov. 27, 2013) - Anterra Energy Inc. (TSX VENTURE:AE.A)(OTCQX:ATERF) ("Anterra" or the "Company") is pleased to announce financial and operating results for the three and nine months ended September 30, 2013. Selected information as outlined below should be read in conjunction with the Company's unaudited consolidated financial statements and related management discussion and analysis available on SEDAR at www.sedar.com or the Company's website at [Read more]
U.S. ambassador, TransCanada president say ‘no thanks’ to Keystone XL opponents
WASHINGTON - Key Canadian representatives have turned down invitations to address a Washington summit organized by an environmental group leading the fight against the Keystone pipeline. U.S. ambassador Gary Doer and Russ Girling, president of TransCanada Corp., were issued written invites a few days before the planned event, called "Can Keystone Pass the President's Climate Test?" The Dec. 2 gathering at Georgetown University will include research on whether the proposed pipeline would [Read more]
National Energy Board to Join FracFocus.ca
CALGARY, Nov. 27, 2013 /CNW/ - The National Energy Board (NEB or the Board) will soon request companies regulated under the Canada Oil and Gas Operations Act (COGOA) to publicly disclose information on the fluids used in hydraulic fracturing operations. Today the NEB signed an agreement with the BC Oil and Gas Commission, and the US-based Ground Water Protection Council and Interstate Oil and Gas Compact Commission to participate in the Fracfocus.ca website. "We understand that Canadians demand [Read more]
Expert panel to probe oil sands technologies
OTTAWA - The federal government has asked a panel of experts to help catalogue and chart a way forward for technologies that can help reduce the environmental footprint of oil sands development.Natural Resources Minister Joe Oliver says he's asked the Council of Canadian Academies to turn its gaze on new and emerging technologies for extracting bitumen from the tar-like sands of Alberta.A 13-member panel will study what's currently working and has been asked to identify economic and regulatory [Read more]
Parliamentary Commission on the Pipeline Line 9B Reversal Project – Access to Western oil is necessary to ensure the future of Quebec’s refining industry
LÉVIS, QC, Nov. 27, 2013 /CNW Telbec/ - The future of Quebec's refining industry depends on having access to quality crudes at competitive prices, and this means access to Western oil. This is the conclusion of a submission presented today by Valero Energy Inc. (‟Valero") during consultations conducted by the Agriculture, Fisheries, Energy and Natural Resources Commission on the Pipeline 9B Reversal Project proposed by Enbridge. ‟The future of refineries depends on huge [Read more]
Chambre de commerce de l’Est de Montreal voices its support for Enbridge’s Line 9B reversal project
MONTREAL, Nov. 27, 2013 /CNW Telbec/ - The Chambre de commerce de l'Est de Montréal (CCEM), which represents more than 1,200 members, today reiterated its support for the proposed reversal of Enbridge's Line 9B before the parliamentary commission that is examining the project. "By enabling them to procure crude oil at better prices, reversing Line 9B would ensure the competitiveness of our refineries and petrochemical companies," said Isabelle Foisy, executive director of the CCEM. "There are [Read more]