CALGARY, ALBERTA--(Marketwired - Sept. 19, 2017) - Don Gray ("Mr. Gray") announces that between September 15, 2017 and September 18, 2017, he acquired 202,200 common shares ("Common Shares") of Petrus Resources Ltd. (the "Company" or "Petrus") on the open market through the facilities of the Toronto Stock Exchange at an average price of $2.49 per Common Share. The total consideration paid by Mr. Gray for the acquisition of the 202,200 Common Shares was $503,508. As at the date hereof, Mr. [Read more]
Headlines
B.C. asked oil, gas industry to ‘refine’ climate plan recommendations: documents
VANCOUVER - British Columbia's former Liberal government asked oil and gas corporations to "refine" the language of recommendations made by an advisory panel before it finalized its Climate Leadership Plan, documents show. Meeting agendas and presentations obtained under freedom-of-information legislation by the left-leaning Canadian Centre for Policy Alternatives provide insight into the extent of industry consultation on the plan. The government-appointed Climate Leadership [Read more]
White Owl Announces Agreements on Clairmont Terminal
CALGARY, ALBERTA, September 8, 2017 – White Owl Energy Services Ltd. (“White Owl”) is pleased to announce the acquisition of the Pembina Pipeline connected Clairmont Terminal at LSD 01-09-073-05W6 (the “Terminal”) in the Grande Prairie area of Alberta. White Owl has concurrently entered into a long-term strategic agreement with Trafigura Canada General Partnership (“Trafigura”) whereby Trafigura will provide crude oil marketing services for the terminal. White Owl remains the owner and licensed [Read more]
National Energy Board Issues three Inspection Officer Orders to Spectra Energy Transmission (Westcoast Energy Inc.)
CALGARY, Sept. 18, 2017 /CNW/ - The National Energy Board (NEB) has issued three Inspection Officer Orders (Orders) to Westcoast Energy Inc., carrying on business as Spectra Energy Transmission (Westcoast) for the company's failure to adhere to worker safety, pipe handling and environmental protection requirements during construction activity on the High Pine Expansion Project near Chetwynd, British Columbia. The new pipeline poses no immediate environmental or public safety concerns. The [Read more]
Ottawa should pay for added Energy East pipeline regulatory costs: N.B. premier
FREDERICTON - New Brunswick's premier says if Ottawa wants to change the rules of the regulatory process for the Energy East pipeline, it should pay the added costs. In an open letter to Prime Minister Justin Trudeau, Brian Gallant says the proposed project is in jeopardy because the National Energy Board has said it would consider the impact of indirect greenhouse gas emissions caused by the project. The premier says Ottawa should pay for the analysis of upstream and downstream [Read more]
Pine Cliff Energy Ltd. Announces Management Update
CALGARY, Alberta, Sept. 18, 2017 (GLOBE NEWSWIRE) -- Pine Cliff Energy Ltd. (“Pine Cliff” or the “Company”) (TSX:PNE) announces that Cheryne Lowe, Pine Cliff’s Chief Financial Officer and Corporate Secretary, is going on maternity leave, effective immediately. The Company has appointed Alan MacDonald as Interim Chief Financial Officer and Corporate Secretary. Mr. MacDonald is a Chartered Accountant with over 30 years of experience in the oil and gas industry and most recently held the Vice [Read more]
Point Loma Resources Announces test rates of successful Nordegg recompletion and operational update
CALGARY, Alberta, Sept. 18, 2017 (GLOBE NEWSWIRE) -- Point Loma Resources Ltd. (TSX VENTURE:PLX) (the "Corporation" or “Point Loma”) is pleased to announce the test rates of the 5-31-55-6W5 well and provide an operational update. Highlights and Operational update Point Loma has recompleted its 5-31-55-6W5 Nordegg well higher in the section and after establishing flow the final 24 hour rates averaged 160 bpd oil, 850 mcfd gas and 428 bpd water; This test demonstrates the potential of [Read more]
Saudi Arabia’s new strategy: $130 billion for nuclear/renewables, privatization, neighbourhood turf wars and a radical new vision
The Mariana Trench – the 6 mile deep canyon in the Pacific Ocean, not the misspelled pop band – is notable for at least two things: First, The Onion, the world's best "alternative" news site, described it as “once again the worst place to raise a child” and secondly, it may be the only place in the world yet to be explored for hydrocarbons. True; there are probably other undrilled places like the top of Mount Everest or under St. Paul’s cathedral. But considering that the largest global [Read more]
Public trust job one for head of Alberta environmental monitoring program
EDMONTON - Fred Wrona really, really wants you to trust him. "The main piece that I'm working on is rebuilding public trust and confidence," says the man charged with keeping track of Alberta's land, water and sky. As the province's chief scientist, it's his job to oversee the province's much-maligned environmental monitoring program. Since it was formed in 2012, that program has been kicked around like a soccer ball by critics from industry to First Nations. Originally [Read more]
Ikkuma Announces Closing of the Third and Final Tranche of its Non-Brokered Private Placement
CALGARY, Sept. 15, 2017 /CNW/ - Ikkuma Resources Corp. ("Ikkuma" or the "Corporation") (TSX VENTURE: IKM) is pleased to announce that it has closed the third and final tranche of its previously announced non-brokered private placement offering (the "Offering") of common shares issued on a "flow-through" basis in respect of Canadian exploration expenses under the Income Tax Act (Canada) (the "Flow-Through Shares"), pursuant to which the Corporation issued 2,585,400 Flow-Through Shares at a price [Read more]