CALGARY, ALBERTA--(Marketwired - Dec. 20, 2013) - Waldron Energy Corporation (TSX:WDN) ("Waldron" or the "Corporation") announces that the outside date for the closing of the previously announced arrangement between Waldron, its security holders and Montana Exploration Corp. (the "Arrangement") has been extended to January 31, 2014, subject to closing of the private placement described below. Throughout this extension period, Waldron will be bound by the non-solicitation provisions of the [Read more]
News
SilverWillow Energy Corporation announces submission of regulatory application for Audet in Situ Oil Sands Project
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ TSXV Trading Symbol: SWE CALGARY, Dec. 19, 2013 /CNW/ - SilverWillow Energy Corporation ("SilverWillow" or the "Corporation") (TSXV: SWE) has submitted an integrated application with the Alberta Energy Regulator and Alberta Environment and Sustainable Resource Development for approval of the Corporation's proposed 12,000 barrel per day Steam Assisted Gravity Drainage ("SAGD") project on its Audet oil sands [Read more]
A timeline of Northern Gateway milestones
A chronology of Northern Gateway milestones: May 27, 2010 — Enbridge files an application to the National Energy Board to build the Northern Gateway pipeline and tanker terminal. The plan first surfaced several years earlier but was shelved as other projects took priority. By 2008, Enbridge began pursuing the proposal in earnest and preparing for the application. Aug. 10, 2010 — A joint Canadian Environmental Assessment and National Energy Board review panel holds its first panel session [Read more]
Quotes of support for Northern Gateway pipeline
Here is a look at what some political, business and environmental groups had to say after a federal review panel recommended that the proposed Northern Gateway pipeline project go ahead, with conditions: "From the beginning of this project, Northern Gateway has worked with one goal in mind: to access new markets by building a safer, better pipeline." — Janet Holder, leader of the Northern Gateway Project ---"Now that we have received the report, we will thoroughly review it, consult with [Read more]
Lone Pine Resources Announces Non-Operated Asset Disposition and Undeveloped Land Continuation at Pointed Mountain in the Liard Basin
CALGARY, ALBERTA--(Marketwired - Dec. 19, 2013) - Lone Pine Resources Inc. ("Lone Pine" or the "Company") today announced the disposition of certain non-operated, minority working interest assets and an update regarding its undeveloped land continuation efforts at Pointed Mountain in the Liard Basin. Non-Operated Asset Disposition The Company's wholly-owned subsidiary, Lone Pine Resources Canada Ltd., has completed the disposition of certain non-operated, minority working [Read more]
Canada Reaches Important Milestone with the Release of Joint Review Panel Recommendations
CALGARY, ALBERTA--(Marketwired - Dec. 19, 2013) - Canada has reached an important milestone today with the release of the National Energy Board's (NEB) Joint Review Panel's recommendations on Enbridge Inc.'s Northern Gateway project. The Joint Review Panel (Panel), an independent body mandated by the NEB and the Minister of the Environment, reviewed Enbridge's application to construct two 1,170 kilometre pipelines from Bruderheim, Alberta to Kitimat, British Columbia and to construct and [Read more]
Northern Gateway Reinforces Commitment to Building A Safer, Better Pipeline
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 19, 2013) - Northern Gateway Pipelines, L.P. announced today that the Joint Review Panel (the Panel) recommended that the federal government approve the project, subject to 209 required conditions. The Panel stated: "Based on a scientific and precautionary approach to this complex review, the Panel found that the project, if built and operated in compliance with the conditions set out in its report, would be in the public interest." The [Read more]
Gitga’at First Nation Disappointed in Joint Review Panel Recommendation; Hopes Federal Government Will Reject Enbridge’s Northern Gateway Project
HARTLEY BAY, BRITISH COLUMBIA--(Marketwired - Dec. 19, 2013) - The Gitga'at First Nation is disappointed in the Joint Review Panel's recommendation on the Northern Gateway project, but is hopeful the Federal government will reject the project as inconsistent with its constitutional and international legal obligations to respect the rights of Aboriginal peoples and in the interest of building positive relationships with the Gitga'at and other BC First Nations. "We are disappointed in the Joint [Read more]
Northern Gateway Decision Supports Oil Market Diversification
CALGARY, ALBERTA--(Marketwired - Dec. 19, 2013) - The Canadian Association of Petroleum Producers today welcomed the National Energy Board's joint review panel decision on the Alberta-B.C. Northern Gateway oil pipeline project. "The decision, with its outlined conditions, is an important milestone in the process to achieve market diversification for Canada's valuable oil products," said CAPP vice-president Greg Stringham. It states this project is in the public interest. The conditions provide a [Read more]
Oil rises, natural gas soars to 29-month high
The price of oil rose one per cent Thursday as stockpiles declined and there were new indications that demand is rising in the United States, the world's largest crude consumer. Meanwhile, natural gas soared nearly five per cent to close at US$4.46 per thousand cubic feet — the highest price since July of 2011 — after the government reported a huge draw in supplies, the result of cold temperatures across the U.S. in recent weeks. The Energy Department said Thursday that natural gas [Read more]