Headlines for Dec. 19, 2017

  1. NEB Reserves Its Decision On Sundre Crossover As NGTL Urges Timely Ruling

    NOVA Gas Transmission Ltd. ’s Sundre Crossover project should be approved as soon as reasonably possible,  — preferably no later than early January 2018 — along with a right of entry to enable the company to meet the contracted April 1, 2018 in-service date, a National Energy Board (NEB) hearing heard Monday.

  2. Southern Pacific Assets Sold To Viceroy Canadian Resources

    The Alberta Energy Regulator (AER) is reviewing applications for the transfer to Viceroy Canadian Resources Corp. of all the existing approvals and licences associated with the current related licensees of record for Southern Pacific Resource Corp. and Southern Pacific Energy Ltd Times.

  3. CGAI Series: Thoughts on Canada’s Carbon Tax Agenda

    Early in 2016, Canada signed on to the Paris climate agreement,1 joining 129 other countries2 in taking actions to limit climate change to 1.5-2 C. To that end, Prime Minister Justin Trudeau adopted the previous Conservative government’s greenhouse gas reduction targets. The goal is to reduce Canadian greenhouse gas emissions by 30 per cent from 2005 levels by 2030. Subsequently, several Canadian provinces and the federal government announced strong actions to reduce greenhouse gas emissions.

  4. 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.

  5. Trans Mountain Removes Fish Spawning Deterrents

    The National Energy Board (NEB) confirmed that as of Dec. 12, 2017, the last of the fish spawning deterrent mats installed by Trans Mountain Pipeline ULC in several streams in British Columbia earlier this year have now been removed.

  6. Pulse Renews Normal Course Issuer Bid And Revolving Credit Facility

    Pulse Seismic Inc. announced that the Toronto Stock Exchange has accepted the company’s notice of intention to purchase through a normal course issuer bid up to 3.05 million common shares (representing 10 per cent  of the public float of 30.54 million common shares as at Dec. 14, 2017).

  7. Point Loma Closes Short-Form Prospectus Offering Of CEE Flow-Through Shares

    Point Loma Resources Ltd. has closed the short form prospectus marketed financing of 10.45 million common shares of the company issued as flow-through shares within the meaning of the Income Tax Act (Canada) previously announced with Mackie Research Capital Corporation for aggregate gross proceeds of approximately $3.45 million.

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