CALGARY, Alberta, May 17, 2018 (GLOBE NEWSWIRE) -- Iron Bridge Resources Inc. (“Iron Bridge”, “IBR” or the “Company”) today is pleased to report initial production rates from its recent Gold Creek completions program in addition to providing the Company’s estimated Gold Creek productive capacity from its existing wells (both producing and shut-in). In February 2018, the Company conducted high-intensity completion operations and corresponding in-line production testing on two (2.0 net) Gold [Read more]
Headlines
Leucrotta Exploration Inc. Announces Proposed Extension of Exercise Term for Incentive Stock Options, Performance Warrants and Common Share Purchase Warrants
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA. CALGARY, Alberta, May 17, 2018 (GLOBE NEWSWIRE) -- Leucrotta Exploration Inc. (the "Corporation" or "Leucrotta") (TSXV:LXE) announces that it intends to extend the expiry dates of certain stock options and performance warrants (the "Extended Compensation Securities") granted to directors, officers, insiders, consultants and other employees of the Corporation and of certain common share [Read more]
Canada gas pipeline build to start in 2019, pending LNG plant FID
VANCOUVER (Reuters) - Construction on TransCanada Corp’s (TRP.TO) C$4.8 billion ($3.8 billion) Coastal GasLink pipeline will start in early 2019, pending a positive final investment decision on the linked LNG Canada project, the head of the pipeline project said on Wednesday. The comments followed a commitment from the chief executive of LNG Canada on Tuesday that the C$40 billion liquefied natural gas export terminal would be under construction in 2018. A final investment decision, or FID, [Read more]
Alberta passes bill that could cut oil to B.C. in Trans Mountain pipeline fight
EDMONTON - Alberta has passed landmark legislation giving it sweeping power to intervene in oil and gas exports that could result in punitive price spikes in British Columbia in the dispute over the Trans Mountain oil pipeline expansion. Premier Rachel Notley won't say when and how the power will be used, but said she won't wait long. "Alberta will be equipped with new tools to assert our rights to control the flow of our resources to British Columbia," Notley said Wednesday prior to Bill [Read more]
British Columbia is just defending its interests on pipeline: Horgan
CHILLIWACK, B.C. - B.C. Premier John Horgan accused the federal government of unnecessarily putting taxpayers money at risk on Wednesday by offering financial protection for Kinder Morgan's investors in the Trans Mountain pipeline dispute. Horgan said he is trying to protect the province's interests by joining two legal cases over the project and asking the B.C. Court of Appeal whether the province has the right to preserve its environment through a permitting system for hazardous substances [Read more]
Morneau’s pledge to backstop pipeline expansion draws criticism
OTTAWA - The federal government is prepared to backstop investors to get the Trans Mountain pipeline expansion built, even if Kinder Morgan, the project's original sponsor, wants to back out, Finance Minister Bill Morneau said Tuesday. His comments sparked reaction from across the political spectrum. A selection of quotes: "Nothing the finance minister said today will ensure that the Trans Mountain expansion actually gets built. The Liberals still don't have a concrete plan of action to [Read more]
Canadian Natural Resources Limited Announces Normal Course Issuer Bid
CALGARY, Alberta, May 16, 2018 (GLOBE NEWSWIRE) -- Canadian Natural Resources Limited ("Canadian Natural") announced today that Toronto Stock Exchange has accepted notice filed by Canadian Natural of its intention to make a Normal Course Issuer Bid through the facilities of Toronto Stock Exchange or other alternative Canadian trading systems. Purchases may also be made through the facilities of the New York Stock Exchange. The notice provides that Canadian Natural may, during the 12 month [Read more]
U.S. crude stocks fall, exports hit a record high: EIA
(Reuters) - U.S. crude oil stockpiles fell last week as exports hit a record high and refinery ramped up output, while gasoline inventories dropped more than expected ahead of the summer driving season, the Energy Information Administration said on Wednesday. Crude inventories fell 1.4 million barrels in the week to May 11, compared with analysts’ expectations for a decrease of 763,000 barrels. Net U.S. crude imports fell 411,000 barrels per day as exports rose to a record 2.6 million bpd, [Read more]
Saskatchewan seeks climate change funds, despite carbon tax objections
REGINA - The Saskatchewan government has applied for millions of dollars in federal funding to help fight climate change, even though the province admits it's ineligible because it has refused to sign onto Ottawa's carbon tax strategy. The province says in a statement that it submitted 11 projects totalling more than $200 million by Monday's deadline for consideration under the federal government's Low Carbon Economy Fund. It says the projects would reduce greenhouse gas emissions from [Read more]
Kinder Morgan Canada Limited Issues Statement
CALGARY, May 16, 2018 /CNW/ - Kinder Morgan Canada Limited (TSX: KML) Chairman and Chief Executive Officer Steve Kean issued the following statement in response to Federal Finance Minister Bill Morneau's press conference earlier today: "We acknowledge the comments by Minister Morneau this morning and appreciate his acknowledgment of the uncertainty created by the BC Government's stated intentions to 'do whatever it takes to stop the Trans Mountain Expansion Project' and the 'exceptional [Read more]