Precision Drilling Corporation sees limited opportunities in Western Canada until new pipelines can increase market access for its Canadian customers, which is why Kevin Neveu supports the federal government’s promise to indemnify Kinder Morgan Canada Limited’s Trans Mountain expansion project.
While western Canadian natural gas has struggled in recent years as production has outpaced the market’s ability to absorb it, the chief executive of Storm Resources Ltd. is still optimistic about the long-term outlook.
A positive final investment (FID) decision by the Royal Dutch Shell plc-led LNG Canada consortium would certainly change how institutional investors perceive producers such as Chinook Energy, Inc., Chinook’s annual meeting heard on Tuesday.
Although Chris Doornbos heads a start-up that wants to prove its technology can commercially recover highly-valued lithium from old Alberta oil and gas wells, he’s already dreaming of a day when the province will become a centre of new-tech battery development.
Enbridge Inc. has made, on behalf of itself and certain of its wholly owned U.S. subsidiaries, separate all-share proposals to the respective boards of directors of its sponsored vehicles, Spectra Energy Partners, LP, Enbridge Energy Partners, L.P., Enbridge Energy Management, L.L.C and Enbridge Income Fund Holdings Inc, to acquire, in separate combination transactions, all of the outstanding equity securities of those sponsored vehicles not beneficially owned by Enbridge.
Iron Bridge Resources Inc. reported initial production rates from its recent Gold Creek completions program in addition to providing the company’s estimated Gold Creek productive capacity from its existing wells (both producing and shut-in).
Canadian Natural Resources Limited says that the Toronto Stock Exchange has accepted notice filed by Canadian Natural of its intention to make a normal course issuer bid (NCIB) through the facilities of the TSX or other alternative Canadian trading systems.
Leucrotta Exploration Inc. intends to extend the expiry dates of certain stock options and performance warrants granted to directors, officers, insiders, consultants and other employees of the company and of certain common share purchase warrants issued pursuant to a non-brokered private placement offering of units of Leucrotta that closed on Sept. 15, 2014.
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