Headlines for Sept. 22, 2017

  1. Dawn LTFP Service To Begin Nov. 1

    Western Canadian natural gas producers will be able to compete directly with United States shale gas at the Dawn, Ont. hub beginning Nov. 1, 2017 with a new transportation service on the TransCanada Corporation Mainline, the company said today.

  2. Jordan Cove Gives Project Another Shot With U.S. Regulator

    Veresen Inc. says that Jordan Cove Energy Project and Pacific Connector Gas Pipeline have filed applications with the United States Federal Energy Regulatory Commission (FERC) for the construction and operation of a 7.8 million tonne per annum LNG export terminal in Coos Bay, Oregon and the related Pacific Connector that will transport natural gas from the Malin Hub in southern Oregon to the LNG export terminal.

  3. Western Energy Services In AIMco Financing

    Western Energy Services Corp. has entered into agreements with Alberta Investment Management Corporation (AIMCo) providing for a $215 million second lien senior secured term loan facility and a private placement of 9.1 million common shares of Western at a price of $1.25 per common share, for aggregate gross proceeds of $11.37 million.

  4. Veresen Announces Long-Term Recontracting Of AEGS

    Veresen Inc.’s 100 per cent-owned Alberta Ethane Gathering System (AEGS) has entered into 20-year take-or-pay transportation agreements for approximately 95 per cent of the existing capacity on the system effective Jan. 1, 2019.

  5. Pinedale Energy Announces Private Placement

    Pinedale Energy Limited intends to conduct a non-brokered private placement of up to five million units at a price of 30 cents per unit, for gross proceeds of up to $1.5 million.

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