Headlines for Dec. 29, 2017

  1. Delayed Pipeline Would Help Narrow Differentials: Analyst

    An energy markets analyst says the discount Canadian heavy oil and bitumen producers are having to cope with, thanks to a lack of pipeline access, would be virtually eliminated if the long delayed Trans Mountain expansion was in existence now.

  2. Canadian Crude Oil Exports By Rail Climbed In October

    Canadian crude oil exports by rail climbed in October to 136,531 bbls/d, according to updated numbers from the National Energy Board (NEB). That’s up from 134,132 bbls/d in September and above the 102,554 bbls/d in October 2016.

  3. Pond Technologies Closes Concurrent Financing

    In connection with the previously announced business combination of Ironhorse Oil& Gas Inc. and Pond Technologies Inc. providing for the acquisition of Ironhorse by Pond by way of a “three-cornered amalgamation,” Pond has closed an equity financing on a non-brokered private placement basis.

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