Today, Fuelled, Canada's leading energy equipment marketplace, announced an agreement with PricewaterhouseCoopers Inc., LIT, in its capacity as the court appointed Receiver of Trident Exploration ("Receiver"). This agreement will allow Fuelled to act as the exclusive sales agent for Trident’s surplus oil and gas equipment. Fuelled is representing the Receiver on the divestiture of approximately 250 pieces of production equipment located in Western Canada. “We look forward to working closely [Read more]
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Strategic Oil and Gas Ltd. and Strategic Transmission Ltd. seeking proposals for the purchase of the assets of the Company
In the matter of The Companies’ Creditors Arrangement Act Proceedings of Strategic Oil & Gas Ltd. and Strategic Transmission Ltd. Strategic Oil and Gas Ltd. and Strategic Transmission Ltd. (together, the “Company”), is currently seeking proposals in relation to the purchase of the assets of the Company. Assets include oil & gas activities in Marlowe Muskeg, Cameron Hills, Bistcho, Larne, Conrad, Taber, Zama, and Shelikie. 1. The stalking horse bid deadline for submission of [Read more]
Bonavista Kaybob Property Offering
Bonavista Energy Corporation (“Bonavista”) has retained CB Securities Inc. (“CB Securities”) as its exclusive advisor for the sale of their Kaybob property. Highlights1,532 BOE/day of net production based on March 2019 field sales estimates490 Bbls/day of light oil and condensate5.7 MMcf/day of sales gas85 Bbls/day of propane and butane76 (44.6 net) producing wells87% of production from the Cardium, Montney, and Bluesky/GethingApproximately half of the production is operated by Bonavista3.50 LMR [Read more]
John Robson: Staying warm is important
When it’s really cold, especially out of season, people joke that they wish we’d get some of that global warming they keep hearing about. And there’s many a true word spoken in jest. Of course if you talk that way, even if you’re not Donald Trump, you get irritated lectures that global warming isn’t about the good warmth that leads people to, say, vacation in the Caribbean. It’s the terrible kind that causes droughts, floods, hurricanes, the extinction of every species that’s cute or useful [Read more]
NDP unveils parts of climate plan in motion as the Green Party edges closer
OTTAWA - NDP leader Jagmeet Singh says his party will cut Canada’s emissions almost in half over the next decade as he tries to stake out a claim to the climate change agenda in the looming federal election. The pledge is one contained in an NDP motion expected today in the House of Commons that will lay out eight broad strokes of the NDP’s climate change platform. The motion asks for Prime Minister Justin Trudeau to declare “an environment and climate emergency” as well as pledge to cut [Read more]
TransGlobe Energy Corporation Announces First Quarter 2019 Financial and Operating Results
For the three months ended March 31, 2019 CALGARY, Alberta, May 13, 2019 (GLOBE NEWSWIRE) -- AIM & TSX: “TGL” & NASDAQ: “TGA” TransGlobe Energy Corporation (“TransGlobe” or the “Company”) is pleased to announce its financial and operating results for the three months ended March 31, 2019. All dollar values are expressed in United States dollars unless otherwise stated. TransGlobe's Condensed Consolidated Interim Financial Statements together with the notes related thereto, as well as [Read more]
Vancouver expected to headline long Canadian summer of high gasoline prices
CALGARY - Gasoline prices are expected to remain just below record highs all across Canada this summer except in Vancouver — where a perfect storm of factors will likely ensure motorists continue to set new all-time records at the pumps. Fuel market analysts say average retail prices in Canada are within a penny or two of their year-ago levels, which were some of the highest on record for many markets. "Vancouver certainly is (at historic highs) but the other major markets we're looking [Read more]
B.C. Liberals seek intervener status in probe of high price of gasoline
VICTORIA - Opposition Liberal Leader Andrew Wilkinson says he wants to be part of a probe of high gasoline prices by British Columbia's independent energy regulator. Wilkinson says he's applied to participate as an intervener in any examination to identify factors impacting gasoline prices in the province. Premier John Horgan asked the B.C. Utilities Commission to investigate why gasoline in Metro Vancouver and Vancouver Island is so much more expensive than the rest of the country. A [Read more]
Ships must keep 400 metres away as part of new rules to protect killer whales
VANCOUVER - Canada has announced sweeping new rules to protect southern resident killer whales off British Columbia's coast, including requiring ships to stay 400 metres away from the whales and closing some salmon fisheries. Fisheries and Oceans Minister Jonathan Wilkinson announced on Friday the latest set of recovery measures for the endangered southern residents, of which only 75 remain and they face serious threats. "We are at a crossroads. The impacts of climate change, combined with [Read more]
Questerre reports first quarter 2019 results
CALGARY, Alberta, May 10, 2019 (GLOBE NEWSWIRE) -- Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) reported today on its financial and operating results for the first quarter ended March 31, 2019. Michael Binnion, President and Chief Executive Officer of Questerre, commented, “In the first quarter, we made good progress in Quebec through the agreement to regain operatorship and discussions with stakeholders on our Clean Tech Energy project. We also made progress on our [Read more]