CALGARY, AB--(Marketwired - June 26, 2015) - Kicking Horse Energy Inc. ("Kicking Horse" or the "Company") (TSX VENTURE: KCK) is pleased to announce the appointment of Mr. Jeff Leitl as Vice President, Land. Mr. Leitl brings extensive land, business and negotiations experience spanning more than 25 years. Mr. Leitl has been providing consulting services to Kicking Horse for the past year. Prior to joining Kicking Horse, for the past ten years, Mr. Leitl has served in the role of Vice President [Read more]
News
ATB boss Dave Mowat to lead Alberta royalty review
Alberta Energy Minister Marg McCuaig-Boyd today announced the appointment of ATB Financial's President and CEO Dave Mowat to lead the Alberta NDP's royalty review panel. McCuaig-Boyd is giving Mowat the responsibility to appoint members to the panel that will come up with recommendations by the end of the year. The points of reference with which the panel will work are still, according to McCuaig-Boyd, "being finalized". "As one of four million-plus owners of Alberta's natural resources [Read more]
Exactly who is chairing Alberta’s comprehensive review of climate change policy?
Today was a big day for the NDP and what they plan to do about the environment. Environment Minister Shannon Phillips announced that the existing $15-per-tonne levy will increase to $20 per tonne next year and $30 per tonne in 2017. Phillips also announced that industrial facilities that emit more than 100,000 tonnes of carbon dioxide equivalent per year will need to cut emissions intensity below a base line to 15% (from 12% today) in 2016 and 20% in 2017. Phillips also appointed Alberta [Read more]
Blackbird Energy Inc. Announces Release of Q3 2015 Financial and Operating Results
CALGARY, ALBERTA--(Marketwired - June 25, 2015) - Blackbird Energy Inc. ("Blackbird") (TSX VENTURE:BBI) is pleased to announce that it has released its financial and operating results as at and for the three and nine months ended April 30, 2015. Blackbird's unaudited condensed consolidated interim financial statements and management discussion and analysis for the quarter ended April 30, 2015 are available on SEDAR at www.sedar.com and will also be posted to Blackbird's website at [Read more]
Oil Sands Producers Prepared to Take Greater Leadership Role to Tackle Climate Change
CALGARY, ALBERTA--(Marketwired - June 25, 2015) - Canada's oil sands producers are prepared to take a greater leadership role on climate action as part of the growing global intention to reduce greenhouse gas emissions, the Canadian Association of Petroleum Producers said today. "Alberta has world-class energy resources and oil sands companies are committed to developing world-class solutions the world needs for a cleaner energy future," said CAPP president Tim McMillan. "We [Read more]
Shell Canada boss welcomes Alberta’s toughened-up carbon emissions rules
CALGARY - At least two big carbon emitters have given the thumbs-up to Alberta's plan to strengthen its greenhouse gas rules over the next 18 months.Capital Power (TSX:CPX) CEO Brian Vaasjo cheered the changes at a news conference alongside Environment Minister Shannon Phillips on Thursday, saying more green energy investment is likely to result."Not only is it the right thing to do, it's the right time to do it," said Vaasjo, whose Edmonton-based company generates power from coal, natural gas [Read more]
Environment lawyers challenge B.C.’s Kinder Morgan pipeline conditions
VICTORIA - British Columbia's five conditions for approval of the proposed $5.4 billion Kinder Morgan pipeline won't be addressed if the province isn't involved in the process, says a lawyer representing an environmental group.Ecojustice lawyer Karen Campbell said Thursday that the conditions set out by Premier Christy Clark are invisible during the ongoing National Energy Board process that is considering environmental approval of the pipeline.Ecojustice, on behalf of Living Oceans Society, [Read more]
Alberta tweaks greenhouse gas rules, emission intensity to be cut by 20 per cent
EDMONTON - The Alberta government has tweaked its greenhouse gas reduction rules now with a promise of a complete policy on reducing climate change-causing emissions a few months down the road."Some will argue that we aren't going far enough on these issues," NDP Environment Minister Shannon Phillips said Thursday. "I say to them we are serious about making progress. "Some will argue we are moving too far and too fast. I say to them that more of the same would be the worst thing we could do for [Read more]
Forent Expands Previously Announced Equity Plans
CALGARY, ALBERTA--(Marketwired - June 25, 2015) - Forent Energy Ltd. (TSX VENTURE:FEN) ("Forent" or the "Company") is pleased to announce it is increasing the size of its previously announced equity offerings, being the acquisition of an Alberta-based private resource company and a concurrent non-brokered private placement, from a contemplated aggregate of $2.0 million to an aggregate of up to $2.5 million at 40 cents per share on a post-consolidation basis. The Company will complete a 20:1 [Read more]
Bellatrix Announces Successful Start-Up of Phase 1 of the Bellatrix Alder Flats Plant and Completion of its Semi-Annual Borrowing Base Review
CALGARY, June 25, 2015 /CNW/ - Bellatrix Exploration Ltd. ("Bellatrix" or the "Company") (TSX, NYSE: BXE) is pleased to announce the successful start-up of Phase 1 of the Bellatrix O'Chiese Nees-Ohpawganu'ck deep cut gas plant in the Alder Flats area of Alberta (the "Bellatrix Alder Flats Plant" or the "Plant"). Bellatrix is also pleased to announce the completion of the current semi-annual borrowing base redetermination under its bank credit facilities. Phase 1 of the Bellatrix Alder Flats [Read more]