Sayer Energy Advisors has been engaged to assist Groundswell Energy Inc. (“Groundswell” or the “Company”) with the sale of its natural gas royalty and working interest properties located in southeastern Alberta and southwestern Saskatchewan (the “Properties”). The Properties consist primarily of royalty interests on natural gas units with long-life, low-decline natural gas production. The Properties include royalty interests in the Alderson Second White Specks Gas Unit No. 3, Alderson Second [Read more]
Headlines
Blockchain becomes increasingly relevant for the oil and gas industry
The case is becoming stronger for use of Blockchain to reduce costs and increase efficiency for large Capital and Construction projects which typically have time consuming and manual financial and admin work to resolve disputes, reconcile transactions, and deal with billing errors, either with partners, and regulatory or internally with subsidiaries. Blockchain is evolving, being tested to address inefficiencies, and is quietly expanding in the financial services and tech industries and [Read more]
Prairie Provident Provides Operational Update and Responds to Market Activity
CALGARY, Alberta, June 07, 2018 (GLOBE NEWSWIRE) -- Prairie Provident Resources Inc. ("Prairie Provident" or the "Company") (TSX:PPR) wishes to confirm that the Company’s management is unaware of any material undisclosed change in the Company’s operations or corporate position that would account for the recent market volatility. Prairie Provident is pleased to report that its core western Canadian operations remain on track. Over the last week, production averaged approximately 5,500 boe/d [Read more]
68th CEEA Speaker Series – North American, Canadian Senior Executive and Global Leaders Speaker: FW De Klerk (Ex-President of South Africa)
The Canadian Energy Executive Association ("CEEA") proudly presents an exclusive Speaker Series and networking event featuring President FW de Klerk on June 14th, 2018 at the Calgary Petroleum Club. During his presidency from September 1989 until May 1994, FW de Klerk dismantled apartheid and initiated and presided over the inclusive negotiations that led to the adoption of South Africa’s first fully democratic Constitution in December 1993. In 1993, together with Nelson Mandela, he was [Read more]
Calgary Seminar: US tax reform is here—is now the time to give up your US citizenship?
Complimentary seminar presented by: Alexander Marino JD, LLM (US TAX) On Dec. 22, 2017, President Trump signed into law the biggest US tax reform bill in 31 years, changing the lives of Americans at home and abroad. Many US residents will see an immediate benefit on their 2018 tax return, but for US expats and green card holders living in Canada, things may have changed for the worse. The question of whether now is the right time to renounce your US citizenship is never more prescient. If [Read more]
Questerre condemns short term election politics in Quebec
THIS NEWS RELEASE IS NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES OF AMERICA TO UNITED STATES NEWSWIRE SERVICES OR UNITED STATES PERSONS CALGARY, Alberta, June 06, 2018 (GLOBE NEWSWIRE) -- Questerre Energy Corporation (“Questerre” or the “Company”) (OSE:QEC) (TSX:QEC) reported today on the draft hydrocarbon regulations published by the Government of Quebec. The Government of Quebec announced new regulations with a 45-day consultation period. If implemented, these regulations [Read more]
Update on Teck’s Frontier Oil Sands Mine Project
OTTAWA, June 6, 2018 /CNW/ - The Joint Review Panel established to review the proposed Frontier Oil Sands Mine Project (the Project) and conduct an assessment of the environmental effects of the Project has determined that the proponent, Teck Resources Limited (Teck), has provided sufficient information for the Panel to hold a public hearing for the Project. Next Steps Hearing dates and locations have not been determined. The Panel intends to start the hearing as early as September, 2018. [Read more]
Trans Mountain deal fails to change Suncor position on Canadian competitiveness
CALGARY - The CEO of Suncor Energy Inc. says it will continue to avoid spending on large growth projects in Canada despite the federal government's move last week to purchase the Trans Mountain pipeline system and its stalled expansion from Kinder Morgan Canada Ltd. The $4.5-billion sale to ensure the project is built doesn't change his view that Canada is falling behind other nations, notably the United States, in terms of competitiveness, Suncor CEO Steve Williams said Wednesday in [Read more]
Oil vs wild rice: Enbridge, opponents gear up final US pipeline push
CALGARY, Alberta (Reuters) - Canada’s Enbridge Inc (ENB.TO) faces an indefinite delay to its biggest-ever capital project if a U.S. state regulator denies its preferred pipeline route through Minnesota, but a victory would spell relief for Canadian oil shippers and northern U.S. refiners. Some pipeline opponents, which include environmental and Native American groups, are trying to convince the Minnesota Public Utilities Commission (PUC) to kill the project. Others oppose only Enbridge’s [Read more]
New U.S. pipeline expected to lower natural gas prices in Central Canada
CALGARY - Consumers in Ontario and Quebec can expect to pay less for natural gas to heat their homes as a new pipeline connects shale gas from the northeastern United States to the Dawn storage hub near Sarnia in southwestern Ontario. The Rover Pipeline last week won approval from the U.S. energy regulator to increase shipping to its capacity of 3.25 billion cubic feet per day of natural gas, transporting the fuel from Marcellus and Utica shale wells in the northeastern U.S. to American [Read more]