Lithium in SK, Part 41: ROK is out of the lithium game, and privatizing as a strictly oil company
ROK Resources, the Regina-based oil company that ventured into the lithium industry, is going private and spinning out the company’s lithium ownership (via EMP Metals) into a private corp.
Lithium in SK, Part 40: In depth with Energy and Resources Minister on new lithium royalty scheme
The announcement came at a critical time, as several companies are on the path to move from lithium explorers to lithium producers, which would place them as the first commercial lithium producers in this province. Those companies are working on developing financing to move into commercial production, but surely among first questions any financial backer will want answered is “how much is the government’s take?”
Lithium in SK, Part 39: Province defines lithium royalty structure, based on potash, not oil
One of the big questions around the development of a new lithium industry in Saskatchewan is just what will be the royalty structure? Will it be based on oil and gas extraction, or potash?
Smith says Alberta will be proponent for Pacific pipeline, for now
Alberta Premier Danielle Smith really, really wants to build another oil pipeline to the northern BC coast. British Columbia Premier David Eby apparently really, really does not want that to happen. Meanwhile Saskatchewan Premier Scott Moe previously said he thinks the most important pipeline project is that very same pipeline to the Pacific, not that any Saskatchewan oil would find its way into it, but such it would free up room in other pipelines for more Saskatchewan oil.
The ‘next big thing’ is big multi-lateral wells – but the impact is devastating to many oilfield services
Editor’s note: My stomach has been tied up in knots for months as to whether I should write this story. In Saskatchewan, most of the oilfield jobs are in the oilfield services. And I’ve had more conversations than I can count as to “why things are slow.” It’s not just oil prices, which aren’t great. There is a major technological change that is happening that is impacting much of the industry. I finally decided people need to know what is actually going on in as fulsome way as possible.
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