PRINCE GEORGE, B.C. - Coastal GasLink and opponents of the company's natural gas pipeline are set to make arguments in British Columbia's Supreme Court over whether an interim injunction should continue. The natural gas company is building a pipeline from northeastern B.C. to LNG Canada's export terminal in Kitimat on the coast. Coastal GasLink says it has signed agreements with all 20 elected First Nations councils along the 670-kilometres route but hereditary chiefs in the Wet'suwet'en [Read more]
Headlines
Alberta government in talks to offload crude-by-rail contracts
The Alberta government has started talks with the private sector about Canadian oil producers taking over crude-by-rail contracts signed by the previous government, Alberta Premier Jason Kenney said on Tuesday. The talks follow newly elected Kenney's campaign promise to scrap the former New Democratic Party government's $3.7 billion crude-by-rail deals, which he has slammed as poor value for taxpayers. "There are confidential conversations going on between our government and private sector [Read more]
OSY Rentals Acquires Vapour Tight Tank Assets From Clean Harbors
OSY Rentals Ltd is pleased to announce the acquisition of the production tank rental assets from Clean Harbors Canada. This purchase will greatly increase the inventory of OSY relating to Positive Pressure Single Well Batteries, Flare Stacks and Knockout Tanks. OSY now has in excess of 110 Single Well Positive Pressure Production Packages, 150 Flare Stacks and 150 Knockout Tanks. Please feel free to learn more about the products we carry and how we may be able to be of service by giving us [Read more]
Pulse Oil Corp. Announces Exciting Conclusions in the Nisku D & E Enhanced Oil Recovery Petrotechnical Modelling Study
CALGARY, June 11, 2019 /CNW/ - Pulse Oil Corp. ("Pulse" or the "Company") (TSX-V: PUL and PUL.WT) is pleased to announce the key findings of Pulse's enhanced oil recovery ("EOR") study. Schlumberger Canada Ltd, one of the world's leading providers of technology for reservoir characterization, drilling, production, and processing to the oil and gas industry, was awarded the contracts to complete all three phases of the Company's petrotechnical modelling of the Bigoray Nisku D and E Pools, [Read more]
Southern Energy Corp. Announces Completion of Rights Offering
CALGARY, June 10, 2019 /CNW/ - Southern Energy Corp. ("Southern" or the "Company") (SOU: TSXV) is pleased to announce the completion of its previously announced Rights Offering to holders ("Shareholders") of common shares of the Company ("Common Shares"). Under the Rights Offering, Shareholders subscribed for and purchased an aggregate of 19,413,306 Common Shares at a price of $0.10 per Common Share, resulting in proceeds to the Company of approximately $1.94 million. Of such Common Shares, an [Read more]
Alberta to bring in bill in fall to help First Nations invest in energy projects
EDMONTON - Alberta will bring in legislation this fall to create a Crown corporation backstopped by $1 billion to help First Nations invest in major energy projects like pipelines. Premier Jason Kenney made the announcement after meeting with chiefs from across Alberta at Government House in Edmonton. The legislation, following up on an election campaign promise, will create the Indigenous Opportunities Corporation. On the campaign trail, Kenney promised his government would fund the [Read more]
Aging Enbridge oil pipelines face setbacks over fears of Great Lakes spills
WINNIPEG, Manitoba/CALGARY, Alberta, June 9 (Reuters) - F ears about oil spills into the Great Lakes from two aging U.S. pipelines have flared, raising doubts about their future and creating fresh headaches for operator Enbridge Inc and the Canadian energy sector. Canada has faced years of delay in getting new oil pipelines built because of environmental opposition, resulting in severe congestion in Alberta, the country's main crude-producing province, that forced the provincial government to [Read more]
Encana provides interim update on strength of operations
Encana repurchased 10% of its outstanding shares year-to-date; Plans to commence additional buyback in July 2019 Recent strong well performance in STACK strengthens the Company's second quarter 2019 production outlook Company reiterates annual capital investment plan Portfolio further refined through agreement to exit China CALGARY, June 10, 2019 /CNW/ - Encana Corporation (NYSE, TSX: ECA) today provided an update on its share buyback program and disclosed its intention to execute a [Read more]
CapitalNow shows continued growth, customer retention and expansion into United States market
Capital Now began operations in 2007 and hasn’t looked back. Accounts receivable financing is the purchasing of accounts receivables at a discount. This is the business Capital Now is in. Businesses need capital to operate and to grow — and sometimes they need it before clients can pay for completed work. Also known as factoring, accounts receivable financing is a $130 billion industry in the US alone and allows a small or medium-sized business to get their money immediately. It’s a common [Read more]
Montgomery Auction Services Ltd. Announces Auction for Harpoon Energy, June 19
SHOP TOOLS & EQUIPMENT, C-CANS, WELLSITE HOUSING SUPPLIES & COMMUNICATIONS EQUIPMENT AUCTION: HARPOON ENERGY WEDNESDAY, JUNE 19, 2019 @ 10:00AM SALE SITE: 329 Energy Way, Red Deer County, AB DIRECTIONS: South End Gasoline Alley use Exit # 391, North on South East Service Rd. to Energy Blvd., Right on Energy Way Selling 700 Lots Including Sea Can Storage Containers, Pickup Truck Service Boxes, Shop Tools & Equipment, Wheeled Fire Extinguishers, Well Site [Read more]