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News

Pipeline critics blast unwieldy sign-up rules

January 15, 201412:09 PM The Canadian Press0 Comments

VANCOUVER - Opponents of Kinder Morgan's proposed expansion of its Trans Mountain oil pipeline say the process for signing up to participate in public hearings is discouraging critics.Under new federal rules brought in last year, participation in such federal regulatory review hearings is limited to those who can prove they are directly affected by a project.Applications are being accepted by the National Energy Board from Jan. 15 to Feb. 12.The Wilderness Committee says the process now involves [Read more]

Kinder Morgan

Kitimat to hold April plebiscite on pipeline

January 15, 201412:08 PM The Canadian Press0 Comments

KITIMAT, B.C. - The District of Kitimat will hold a plebiscite on the proposed Northern Gateway pipeline in April to gauge support for the controversial project. Chief administrative officer Ron Poole says residents will vote on April 12, with advanced polls on April 2 and April 9. The dates were set this week when councillors approved the question, asking residents if they support the final recommendations of the Joint Review Panel, which issued a report in December saying the pipeline [Read more]

Northern Gateway

Cenovus, TransCanada CEOs defend oilsands; reject criticism by film, music celebrities

January 15, 201411:53 AM The Canadian Press0 Comments

TORONTO - The chief executives of two of Canada's biggest energy companies say Canadians should be outraged by criticism of the oilsands. Cenovus Energy president and chief executive Brian Ferguson says environmental groups and Hollywood celebrities have been making baseless accusations that make front-page news even though they aren't true. He says the oil industry in Canada is a major source of jobs and that the oilsands are being developed responsibly. TransCanada president and CEO [Read more]

Cenovus Keystone XL TransCanada

Rocker Neil Young’s oilsands comments missing the facts: Saskatchewan premier

January 15, 201410:59 AM The Canadian Press0 Comments

REGINA - Saskatchewan Premier Brad Wall says musician Neil Young's comparison of the oilsands to Hiroshima is insensitive and ignorant of the facts. Wall says he believes Young lost a lot of credibility by making the comments before a concert in Toronto on Sunday. Young held a news conference during which he compared the landscape at a Fort McMurray industrial site to the devastation caused by the atomic bomb in Japan. Wall says he disagrees with how Young is characterizing the [Read more]

Redford says India keen for oilsands exports

January 15, 201410:08 AM The Canadian Press0 Comments

EDMONTON - Premier Alison Redford says the government of India is keen on tapping into Alberta's oilsands bitumen for its rapidly expanding economy. Redford says the oilsands were just one topic she discussed with India's energy minister during her trade mission to India. Redford says the southeast Asian country's growing middle class needs imports of oil and gas. She says the energy minister also talked about shale gas development and India taking a stronger role in developing the [Read more]

Edge Resources Inc. Announces Production Additions and Intention to Present at Proactive Investors One2One Investor Forum

January 15, 20147:30 AM Marketwired

CALGARY, ALBERTA--(Marketwired - Jan. 15, 2014) - Edge Resources Inc. ("Edge" or the "Company") (AIM:EDG)(TSX VENTURE:EDE) is pleased to announce that Brad Nichol, President and CEO of Edge, will present at the Proactive Investors One2One Forum in London, UK on Thursday January 16, 2014. Ahead of the investor forum, the Company is required to provide a brief update regarding preliminary results of the recent four well drilling program. As expected (see December 18, 2013 announcement), the first [Read more]

Edge Resources

High North Resources-Corporate Update Montney Oil Wells

January 15, 20147:00 AM Marketwired

CALGARY, ALBERTA--(Marketwired - Jan. 15, 2014) - High North Resources Ltd. (TSX VENTURE:HN) (the "Company" or "High North") is pleased to provide an update on the Company's operations. In the third and fourth quarters of 2013, the Company drilled three successful horizontal oil wells in the Girouxville field, targeting the Montney formation. Production equipment is currently being installed on the first two wells 16-2-76-21 W5M and 9-2-76-21 W5M. Extended production tests will be [Read more]

High North Resources

Artisan Energy Corporation: Results From Wilrich Test Exceed Expectations

January 15, 20146:00 AM Marketwired

CALGARY, ALBERTA--(Marketwired - Jan. 15, 2014) - Artisan Energy Corporation ("Artisan" or the "Corporation") (TSX VENTURE:AEC) announces the following updates to its farm-out of various exploration operations announced on December 30, 2013: Wilrich Sandstone Gas Test at Tomahawk Property, Central Alberta Artisan has completed a fracture stimulation and flow test of the Wilrich sandstone on its previously drilled vertical well at 1-20-52-7W5 (the "Wilrich Test") and results have exceeded [Read more]

Artisan Energy

DeeThree Exploration Provides Operations Update

January 15, 20146:00 AM Marketwired

CALGARY, ALBERTA--(Marketwired - Jan. 15, 2014) - DEETHREE EXPLORATION LTD. ("DeeThree" or the "Company") (TSX:DTX)(OTCQX:DTHRF) is pleased to announce that based on field estimates it met its targeted 2013 exit production rate of 10,000 boe/d in December 2013 having attained a maximum rate of 10,200 boe/d (81% oil and NGLs and 19% natural gas). DeeThree's current production rate is approximately 9,500 boe/d (76% oil and NGLs and 24% natural gas). The Company currently has three drilling rigs [Read more]

DeeThree Exploration

Renegade Issues Open Letter Urging Shareholders to Reject Attempted Board Takeover by FrontFour

January 15, 20145:20 AM Marketwired

CALGARY, ALBERTA--(Marketwired - Jan. 15, 2014) - Renegade Petroleum Ltd. (Renegade or the Company) (TSX VENTURE:RPL) today issued an open letter advising shareholders to reject an attempted takeover of the board of Renegade by FrontFour Capital Group LLC, a dissident group headed by Zachary George, a U.S.-based hedge fund manager. The full text of the letter is attached to this news release. (Full text of Thomas Budd's letter follows) January 15, 2014 Dear Renegade [Read more]

Renegade Petroleum

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