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Saturn plans $50 million capital program in 2022, mostly in SE Sask, and uses bought deal offering to finance it

CALGARY – Here’s a term you probably haven’t heard in a while, at least when it comes to oil development in Saskatchewan: “Bought deal offering.” It was a method of financing Crescent Point Energy used consistently in its growth to, at one point, over 170,000 barrels...

Carbon tax responsible for 0.4% of inflation, Governor of Bank of Canada tells Finance Committee

OTTAWA – Questions aren’t just asked and answered in question period, and sometimes they take place in committee, and sometimes the results are in written form. While written answers are usually buried and forgotten about, one answer about the carbon tax by the...

And just like that, spring breakup begins. Winter weights removed on provincial highways on March 15

The winter drilling season is coming to a close. Spring breakup is here. This is the time of year when truckers and shippers must begin reducing loads on secondary highways in Saskatchewan. All secondary highways return to regulation weights, which will help prevent...

Does the Saskatchewan oilpatch have jobs that we can offer to Ukrainian refugees? If so, please step forward

  MARTINSVILLE – Things are moving fast in Saskatchewan when it comes to grassroots efforts providing support for Ukrainian refugees fleeing the war. One of the people who has been working extensively on this front is Steve Halabura, a regular columnist...

Estevan OTS Bonspiel is just two weeks away, first of four events for the year

ESTEVAN – What are you doing two weeks from now? If you’re in southeast Saskatchewan, you should head over to the Power Dodge Curling Centre in Estevan and either get on the ice or get in the stands. It’s time for the 63rd Annual Estevan Oilfield Technical Society...
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