March 2, 2010

Korean deal with EnCana bodes well for LNG
Calgary Herald – March 2, 2010

The biggest winner in the farm-in agreement between EnCana Corp. and Korea Gas involving EnCana's Montney and Horn River acreage has to be the Kitimat LNG terminal. Read more…

Syncrude argues for dropping of charge
Globe and Mail – March 2, 2010

Tells court that defending against both federal and provincial charges in dead ducks case constitutes double jeopardy. Read more…

Enbridge Energy May Purchase $1 Billion in Assets This Year
Bloomberg – March 2, 2010

It may spend $1 billion this year on acquisitions and may expand in the Marcellus Shale region. Read more…

Power producers, transmission operators differ in Alberta's electricity outlook
Calgary Herald – March 2, 2010

All agree that activity in the oilsands will drive demand for power over the next couple of decades. The argument lies in by how much. Read more…

PetroBakken increases stakes in Cardium light oil play with $250M purchase
Calgary Herald – March 2, 2010

PetroBakken said it will purchase the company, only identified in the release as Privateco, for $88.7 million in cash and the issuance of 5.7 million PetroBakken shares. Read more…

Alberta braces for next labour squeeze
Globe and Mail – March 2, 2010

A rebound in the oil patch is sparking fears of a labour shortage like the one that led to sky-high wages and mass importing of skilled tradespeople. Read more…

Canada's ethanol boom, minus the boom
Globe and Mail – March 2, 2010

With little progress to show on commercial ethanol project, pressure is rising on Iogen Corp. to deliver on a key initiative touted in the last federal budget. Read more…

Athabasca files for IPO to fund oil sands projects
Reuters – March 1, 2010

Athabasca Oil Sands Corp, which just weeks ago wrapped up a C$1.9 billion sale of a stake in two oil sands projects to PetroChina, said late on Friday it plans an initial public offering to pay for its share of the projects' costs. Read more…