Remediation efforts at the former Gunnar Mine and Mill Site reached a new milestone last spring—with the first stage of revegetation coming to fruition. Located on the north shore of Lake Athabasca, the long-abandoned uranium mine and mill has undergone a large...
CALGARY — Crescent Point Energy Corp. announced a special dividend as it reported a loss in its latest quarter, weighed down by a one-time impairment charge. The company says it will pay a special cash dividend, based on its fourth-quarter results, of 3.2 cents per...
Back in the lofty, pre-Justin Trudeau government days of 2014, back when oil was booming, pipelines were planned to east and west coasts, and Alberta and Saskatchewan were swimming in money, around $81 billion was spent in capital expenditures (CAPEX) in the...
ESTEVAN – With roughly just two weeks to go until spring breakup, there were 39 active drilling rigs working in Saskatchewan on March 1. That’s according to RiggerTalk.com, which publishes data from the Canadian Association of Energy Contractors. Activity has...
CALGARY – The Canadian Association of Petroleum Producers (CAPP) reported on March 1 it is forecasting oil and natural gas investment in upstream production will hit $40.0 billion in 2023, surpassing pre-Covid investment levels. That represents $4.0 billion, or 11 per...
