Headlines for Dec. 6, 2017

  1. Condensate Producers Benefitting From Strong Pricing

    If you’re a Canadian-based condensate producer, you’re already benefitting from a domestic shortage of the product, used mostly to lower the viscosity of heavy oil and bitumen for pipelining and for other purposes, and that shortage should grow going forward, leading to higher prices for the product that is derived from wet gas.

  2. Sponsored Content: Accelerate Oil And Gas Transformation With Advanced Technologies

    The Canadian natural resources industry is undergoing enormous change. Volatile energy prices — the reality of US 55 per barrel — reduced production reliability, uncertain market access, the government’s climate change agenda, tightening environmental policy, safety, and compliance concerns along with increasing social drivers, such as social license to operate, all have resulted in industry upheaval.

  3. Kinder Morgan Canada Launches $200 Million Bought Deal Preferred Share Offering

    Kinder Morgan Canada Limited has entered into an agreement with a syndicate of underwriters led by CIBC Capital Markets, Scotiabank, RBC Capital Markets and TD Securities pursuant to which the underwriters have agreed to purchase from the company, eight million cumulative redeemable minimum rate reset preferred shares, Series 3 at a price of $25 per share for distribution to the public.

  4. Marquee Grants Stock Options

    Marquee Energy Ltd.’s board of directors has approved the grant of 16.98 million stock options to purchase common shares of Marquee to certain officers and employees of the company, subject to regulatory and TSX Venture Exchange approval.

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