EDMONTON - Alberta Premier Rachel Notley says she will go up against controversial anti-pipeline activist Tzeporah Berman in duelling speeches next month. "I will be going myself to make the case for Alberta and our industry to counter misinformation and ensure that the whole story is told," Notley said to applause in a speech Thursday to the Alberta Urban Municipalities Association in Red Deer. Berman is scheduled to speak at the Alberta Teachers' Association convention on Oct. 13 at the [Read more]
Headlines
Oilsands producer Cenovus shares get a lift from crude rail deals
CALGARY - Cenovus Energy Inc. shares increased nearly seven per cent after the oilsands producer said it signed three-year deals with Canada's major rail companies to move 100,000 barrels per day of heavy crude oil by rail. The Calgary-based company's shares gained 81.5 cents or 6.8 per cent at $12.825 in late-morning trading on the Toronto Stock Exchange. Chief executive Alex Pourbaix said after markets closed on Wednesday that the deals will allow the company to go around [Read more]
Feds try to pull cloak of secrecy over court case on pipeline spy allegations
OTTAWA - Federal lawyers want closed-door hearings in a high-profile court case about allegations of Canadian Security Intelligence Service spying on anti-pipeline activists. The civil liberties group behind a complaint about the purported CSIS wrongdoing opposes the federal secrecy request, saying it blatantly violates the principle that justice must be seen to be done. The matter is slated to be heard today in an open session of the Federal Court of Canada. The judge's decision will [Read more]
Freehold Royalties Ltd. Q4 2018 Oil-Weighted Working Interest Divestiture
Freehold Royalties Ltd., and Freehold Royalties Partnership (“Freehold”) are selling non-core Working Interest assets in Alberta, Saskatchewan, and BC, which represent a 12-month trailing NOI of approximately $1.9 million (July 2017 – June 2018). The current net production for all of the Assets is approximately 407 boe/d with a liquids weighting of 65% (June 2018). They represent a current annualized NOI of $1.9 million over 228 gross wells and 48 net wells with an average Working [Read more]
Eagle Spirit Energy Corridor already has the approval of 35 First Nations
Calvin Helin, Chairman and President of Eagle Spirit Energy Holding Ltd. is in Calgary this week, spreading news about an important First Nations energy initiative. Helin believes the Eagle Spirit Energy Corridor is a nation-building project - the first indigenous-led major infrastructure project in Canadian history. In a presentation to the 2018 International Pipeline Conference yesterday, Helin pointed out that the First Nations that did not want to support the Northern Gateway Pipeline [Read more]
Trans Mountain CEO says pipe construction could restart in 2019 on NEB timeline
CALGARY - The president and CEO of Trans Mountain Corp. says its sidelined pipeline project could be back on track by next year under a new National Energy Board hearing schedule, setting it up for a possible 2022 opening date. The timeline unveiled by the federal pipeline regulator on Wednesday is "reasonable and fair," said Ian Anderson, the former CEO of Kinder Morgan Canada who became head of the resulting Crown corporation when Ottawa closed its $4.5-billion purchase of the pipeline and [Read more]
Notley’s NDP dropping the ball on fighting anti-pipeline bills, says UCP’s Kenney
CALGARY - Alberta Premier Rachel Notley is rejecting accusations she dropped the ball by waiting too long to publicly take on the feds over two bills her government believes could seriously harm its oil and gas industry. "We've been very engaged on it. We've been on it all along," Notley told reporters Wednesday. "We are focused on a problem-solving approach to addressing this legislation, not a blow-it-all-up and return to a polarized debate that gets nothing done." Notley made the [Read more]
Cenovus signs rail deals to transport oil to U.S. Gulf Coast
CALGARY, Alberta, Sept. 26, 2018 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) has signed three-year deals with major rail companies to transport approximately 100,000 barrels per day (bbls/d) of heavy crude oil from northern Alberta to various destinations on the U.S. Gulf Coast. The agreements involve moving oil with CN from Cenovus's Bruderheim Energy Terminal starting in the fourth quarter of 2018, and with CP through USD Partners' terminal in Hardisty, Alberta starting in [Read more]
Point Loma Announces Filing of Preliminary Short-Form Prospectus related to the proposed Offering of Units and CEE Flow-Through Shares for up to $4.0 Million; Proceeds Focused on Unlocking Oil Opportunities in Banff, Rex and Lower Mannville Starting in Q4 2018
CALGARY, Alberta, Sept. 26, 2018 (GLOBE NEWSWIRE) -- Point Loma Resources Ltd. (TSX-V: PLX) ("Point Loma" or the "Company") is pleased to announce that it has entered into an engagement letter with Mackie Research Capital Corporation (the "Agent"), pursuant to which the Agent has agreed to offer, on a commercially reasonable efforts basis: (i) up to $2,750,000 in units ("the "Units") of the Company at a price of $0.29 per Unit (the "Unit Offering"); and (ii) up to $1,250,000 million in common [Read more]
“Making Sense of Methane”, a roundtable discussion of the challenges and solutions surrounding methane emissions mitigation
On October 10th 2018, Natural Gas World presents "Making Sense of Methane", a roundtable discussion of the challenges and solutions surrounding methane emissions mitigation. Event details Date: October 10, 2018 Time: 7:30 - 9:00 AM (Breakfast service included) Venue: Calgary Petroleum Club, Devonian Room, 319 5 Ave SW, Calgary, AB T2P 0L5 Confirmed speakers: • Gerald Palanca (Climate Policy Assurance Technical Manager, AER) • Brian Van Vliet [Read more]