WINNIPEG - People who live in parts of southeastern Manitoba are getting creative as they endure another day without natural gas following Saturday's pipeline explosion. Steve Cope has been placing an electric space heater next to his furnace's cold-air intake to blow warmth throughout his two-storey home in Niverville. Cope says he, his wife and their five-year-old daughter have been sleeping in the same room to keep warm, and the house has stayed above 10 C. The Rural Municipality of [Read more]
News
Delphi Extends Montney Play Westward With the 15-21 Well
CALGARY, ALBERTA--(Marketwired - Jan. 27, 2014) - Delphi Energy Corp. (TSX:DEE) ("Delphi" or the "Company") provides the following operations update on its Montney capital program. Delphi is pleased to announce completion and clean-up test results of its delineation well at 15-21-60-23 W5M ("15-21") at East Bigstone. The 15-21 Montney well was drilled to a total depth of 5,875 metres with a horizontal lateral length of 2,886 metres and stimulated with a 30 stage slickwater hybrid completion. [Read more]
Timeline: Renegade’s battle with dissident shareholder FrontFour
After a lengthy battle with major shareholder FrontFour Capital, Renegade Petroleum today claimed victory over the dissident hedge fund after FrontFour announced its withdrawal of special meeting requisition to replace Renegade's board with a slate of its own. Here's a timeline of headlines from the feisty battle between the Calgary based oil and gas producer ad the Greenwich, Connecticut based hedge fund: Legacy Oil + Gas Inc. Responds to FrontFour’s Notice of Intent to Nominate [Read more]
Renegade Petroleum Announces Decisive Victory Over FrontFour
CALGARY, ALBERTA--(Marketwired - Jan. 27, 2014) - Renegade Petroleum Ltd. (TSX VENTURE:RPL) is pleased to announce a decisive victory over FrontFour Capital Group LLC. As result, FrontFour has now withdrawn its requisition for a special meeting of shareholders that had been scheduled for January 28, 2014 to meet FrontFour's demands. Renegade is also pleased to report that the total shares voted by proxy for the cancelled meeting represented a record shareholder turnout for Renegade, the [Read more]
Cold wait for natural gas after pipeline fire
ST. PIERRE-JOLYS, Man. - Tanker trucks carried emergency supplies of compressed natural gas on Sunday to heat critical locations in southern Manitoba as thousands of residents have to contend with no heat.The residents have been told that a pipeline explosion on Saturday means they could have to spend several days in frigid temperatures without fuel to heat their homes.Natural gas service for an estimated 4,000 people in municipalities south of Winnipeg was interrupted following a huge explosion [Read more]
FrontFour Announces Withdrawal of Special Meeting Requisition
GREENWICH, CONNECTICUT--(Marketwired - Jan. 26, 2014) - Today, FrontFour Capital Group LLC ("FrontFour") announced the withdrawal of its special meeting requisition. Despite having approximately 30% of the outstanding shares of Renegade Petroleum Ltd. ("Renegade" or "the Company") voted on its dissident green proxy, FrontFour is aware of two key institutional holders that have voted on management's white proxy. These two votes combined with weak overall vote submission make it mathematically [Read more]
Cash offers skyrocket as much as 700 per cent for landowners resisting Keystone
PAGE, Neb. - Cash offers have been skyrocketing, as much as seven-fold, for holdout Nebraska landowners who are willing to sign quickly to allow the Keystone XL pipeline onto their property. The landowners say they've received written offers from pipeline builder TransCanada Corp. in the last few weeks offering exponentially more money than initially promised, on the condition that they sign soon. Those offers are pouring in at a pivotal moment for the Canada-U.S. pipeline, whose [Read more]
Risks in oilsands transport: U.S. report
VANCOUVER - U.S. scientists are warning that there are environmental risks, regulatory holes and serious unknowns regarding the shipment of Alberta oilsands products by pipeline, rail and tanker.The findings are in a 153-page report from last September by the emergency response division of the U.S. National Oceanic and Atmospheric Administration. The unit has expertise in preparing for, evaluating and responding to oil and chemical spills in coastal environments.Enbridge (TSX:ENB), the company [Read more]
National Energy Board responds to gas pipeline explosion south of Winnipeg
CALGARY, Jan. 25, 2014 /CNW/ - The National Energy Board (NEB or the Board) is responding to a pipeline incident that took place in an isolated area near the town of Otterburne, approximately 25 kilometres south of Winnipeg, Manitoba, on a sweet natural gas pipeline owned and operated by TransCanada Pipeline Inc. (TCPL). The pipeline break and resulting fire, which were reported to the NEB shortly after 3 am (MST) this morning, did not cause any harm to local residents, but as a precaution one [Read more]
Explosion and fire rock Manitoba pipeline
OTTERBURNE, Man. - Five homes have been evacuated after a natural gas pipeline explosion early today near the southern Manitoba community of Otterburne. RCMP have confirmed the fire is coming from a natural gas pipeline in the area about 50 kilometres south of Winnipeg. TransCanada Pipeline says the pipe has been isolated and the burning gas is non-toxic. RCMP, the Office of the Fire Commissioner and TransCanada are investigating the cause of the explosion, and the Transportation Safety [Read more]