CALGARY, Dec. 19, 2013 /CNW/ - The Joint Review Panel (the Panel) for the proposed Enbridge Northern Gateway Project today recommended that the federal government approve the project, subject to 209 required conditions. 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 Panel also recommended that the Governor in Council [Read more]
News
Oil trains raise concerns in small towns, cities
WOLF POINT, Mont. - It's tough to miss the trains hauling crude oil out of the Northern Plains. They are growing more frequent by the day, mile-long processions of black tank cars that rumble through wheat fields and towns, along rivers and national parks.As common as they have become across the U.S. and Canada, officials in dozens of towns and cities where the oil trains travel say they are concerned with the possibility of a major derailment, spill or explosion, while their level of [Read more]
Shale gas violence highlights deeper issues
An obscure conflict between the Mi'kmaq of eastern New Brunswick and a company searching for shale gas had dragged on for more than two years before it exploded as a national issue two months ago amid images of flaming Molotov cocktails and torched police cars.Until then, few Canadians had heard of the Elsipogtog First Nation or SWN Resources.Like so many other disputes between aboriginals and companies hoping to exploit the land where they live, this quarrel failed to attract much attention [Read more]
Aroway Energy Inc. Continues Drilling Success at Kirkpatrick Lake
CALGARY, ALBERTA--(Marketwired - Dec. 19, 2013) - AROWAY ENERGY INC. (TSX VENTURE:ARW)(OTCQX:ARWJF) (www.arowayenergy.com) (the "Company") is pleased to announce the following update on its most recent oil well at Kirkpatrick Lake in Central Alberta. The well was completed at a total vertical depth of 1,130 meters as an Ellerslie oil well. Equipping operations have begun with a pump jack being installed after which the well will be pipelined tied-in to our existing new pool discovery well to [Read more]
Anterra Energy Announces Closing of $12 Million Nipisi Property Acquisition
CALGARY, ALBERTA--(Marketwired - Dec. 19, 2013) - Anterra Energy Inc. ("Anterra" or the "Company") (TSX VENTURE:AE.A)(OTCQX:ATERF) is pleased to announce the closing of its previously announced arm's length property acquisition in the Nipisi area of north central Alberta. On December 18, 2013, the Company closed the acquisition of producing oil properties in the Nipisi area of north central Alberta, announced on November 25, 2013, for a cash consideration of $12.2 million. The [Read more]
Yea or nay for Northern Gateway? Federal review panel report coming
VANCOUVER - Following months of hearings, years of debate and dozens of protests, the federal panel reviewing the controversial Northern Gateway pipeline will release its report later today. Much hangs in the balance. The $6-billion pipeline that would connect the Alberta oil sands to tankers on British Columbia's coast bound for the emerging markets of Asia has become the beachhead in the battle between economics and the environment. If approved, the pipeline will likely be just the [Read more]
Palliser Oil & Gas Corporation Provides Operations Update
CALGARY, Dec. 18, 2013 /CNW/ - Palliser Oil & Gas Corporation ("Palliser" or the "Company") (TSX VENTURE: PXL) would like to provide an operations update. Fourth quarter 2013 average production is anticipated to be approximately 2,000 boe per day, down 14% from volumes reported in the prior quarter. For 2013, average production is now forecasted at approximately 2,330 boe per day, representing a 4% downward revision from the previous forecast. Palliser previously provided operational [Read more]
Pine Cliff Energy Ltd. Announces 2014 Guidance and Provides Operational Update
CALGARY, ALBERTA--(Marketwired - Dec. 18, 2013) - . Pine Cliff Energy Ltd. ("Pine Cliff" or the "Company") (TSX VENTURE:PNE) is pleased to announce its 2014 guidance and to provide an operational update on both its oil and gas and mineral divisions. 2014 Guidance Pine Cliff remains committed to an accretive acquisition program in 2014 while continuing to focus on maintaining a strong balance sheet, which includes minimal or no debt. Pine Cliff's Board of [Read more]
Mulcair says Northern Gateway a non-starter
OTTAWA - Tom Mulcair predicts the Northern Gateway pipeline will never be built, even if it passes environmental muster. Indeed, the NDP leader says the controversial project should have been vetoed outright, without wasting public money on an environmental assessment. The National Energy Board is poised to release Thursday the results of its environmental review of Enbridge's proposed $5.5-billion pipeline to carry Alberta oilsands bitumen to the northwest Pacific Coast for export to [Read more]
Pipeline giants team up on research
EDMONTON - Canada's two biggest pipeline operators are teaming up to test leak detection technology.TransCanada Corp. (TSX:TRP) and Enbridge Inc. (TSX:ENB) will be using a pipeline simulator at an Edmonton facility to conduct their research in 2014.Enbridge developed the simulator, called the External Leak Detection Experimental Research, or ELDER for short.The two companies, along with the Alberta Ministry of Innovation and Advanced Education, have committed a total of $4 million in [Read more]