By Kevin Begos Associated Press PITTSBURGH (AP) — The boom in oil and gas fracking has led to jobs, billions in royalties and profits, and even some environmental gains. But some experts say arrogance, a lack of transparency and poor communication on the part of the drilling industry have helped fuel public anger over the process of hydraulic fracturing, or fracking. “It’s a big issue for the industry. I have called for greater transparency. That is the only way to have an honest [Read more]
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Oil by rail requires special care: experts
OTTAWA - The sort of disaster that struck Lac-Megantic may thankfully be rare but the consequences are so grave when serious derailments involving oil do occur, extraordinary measures must be taken to prevent them, say proponents of stricter protocols.A Montreal, Maine & Atlantic train carrying 72 tank cars filled with oil exploded after it unexpectedly began rolling and went off the tracks in the small Quebec town on July 6, taking an estimated 47 lives.The disaster — one of the [Read more]
Encana-proposed drilling in southern Michigan draws attention
LANSING, Mich. (AP) — A proposal to drill as many as 500 wells in Michigan’s northern Lower Peninsula by using hydraulic fracturing is attracting attention and criticism from environmentalists. Encana Corp., which has drilled about a dozen wells since 2009, has proposed the new wells, The Detroit News reported, and spokesman Doug Hock says the company is “in the early stages” of new drilling in Michigan. Until “we do the exploration, we won’t know whether we have something that can scale [Read more]
Yangarra Appoints New Director
Yangarra Resources Ltd. ("Yangarra" or "the Company") (TSX-V:YGR) announces the appointment of Alan T. Pettie Q.C. to its Board of Directors. Mr. Pettie currently is a senior partner at Burnet, Duckworth & Palmer LLP ("BD&P") with over 35 years of experience focused on the oil and natural gas industry. He received his Bachelor of Laws from the University of Alberta in 1977 and has practiced law continuously since that time with BD&P. Mr. Pettie has extensive background with [Read more]
Redford, Clark talk energy exports in Ontario
NIAGARA-ON-THE-LAKE, Ont. - Senior bureaucrats in Alberta and British Columbia have been tasked with thawing a frosty relationship between the two provinces around energy exports.Alberta Premier Alison Redford and B.C. Premier Christy Clark emerged from a meeting of provincial premiers in Ontario to announce they have formed a working group led by the two top energy officials from each province.Alberta and B.C. are at odds over the proposed Northern Gateway pipeline, which would ship [Read more]
TransCanada sees strong customer support for Energy East pipeline
CALGARY - TransCanada Corp. said Friday it likely has enough support to build its Energy East project, which would connect western crude to eastern refineries using an existing pipeline. The company (TSX:TRP) and its potential customers are putting the finishing touches on their contracts and there should be an announcement within the next two weeks, said Alex Pourbaix, the TransCanada executive in charge of oil pipelines. "It's really just working through terms and conditions, [Read more]
PanTerra Announces Appointment of V.P. Operations
CALGARY, July 26, 2013 /CNW/ - PanTerra Resource Corp. ("PanTerra" or the "Company") is pleased to announce that it has appointed Mr. Grant Evaskevich MBA, as Vice President Operations effective immediately. Mr. Evaskevich brings a wealth of operational and field experience to PanTerra and will be responsible for the day to day running of the Company's field operations in the province. Mr. Evaskevich will be located at the Company's head office in Calgary and is a very welcome addition to the [Read more]
PanTerra Elects New Board and Amends Carrot Creek Closing
CALGARY, July 26, 2013 /CNW/ - PanTerra Resource Corp. ("PanTerra" or the "Company") is pleased to announce that, at its recently held Annual General Meeting, the following individuals have been elected to the Company's Board of Directors; Messer's Gordon F. Dixon QC (Chairman), Jake Pronk P. Geol., David Thompson CA, Geoffrey Baker and Mr.Fred P. Rumak P. Geol. Mr. J. Glenn Robinson P. Eng. did not stand for re-election due to health issues. PanTerra would like to thank Mr. Robinson for his [Read more]
Manitok Energy Inc. Announces an Update on Its Operations and Financial Position
CALGARY, ALBERTA--(Marketwired - July 26, 2013) - NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA. Manitok Energy Inc. (the "Corporation" or "Manitok") (TSX VENTURE:MEI) is pleased to provide an update on its 2013 drilling program. Stolberg The 16th Stolberg Cardium well, the fourth well on the section 21 pad where Manitok has a working interest of 33.3%, attained total depth this week and intersected [Read more]
CWC Well Services Corp. Announces New Chief Financial Officer
CALGARY, ALBERTA--(Marketwired - July 26, 2013) - CWC Well Services Corp. (TSX VENTURE:CWC) ("CWC" or the "Company") is pleased to announce the appointment of Ryan A. Michaluk, CA, CMA as Chief Financial Officer of the Company. Mr. Michaluk is a Chartered Accountant and Certified Management Accountant with over 25 years of accounting and finance experience in the oilfield services and oil and gas industry. Prior to his appointment with CWC, Mr. Michaluk served as Chief Financial Officer [Read more]