Keystone Royalty, Part 1: The deal with Topaz Energy
This is the first in a five-part series of in depth stories from a conversation with E. Craig Lothian, CEO of Regina-based Keystone Royalty Group. On March 31, Topaz Energy announced it would be acquiring Keystone as part of an all-stock deal. These stories go beyond the deal, into what has made Keystone tick, the spawning of seven exploration companies, and how current politics are affecting the industry.
Arnett & Burgess Pipeliners digs into its 65th Year in pipeline construction
CALGARY – Only a handful of companies in the Canadian oilpatch have made it 50 years in business. Fewer still have made it 65. But on Feb. 22 Arnett & Burgess Pipeliners (A&B) celebrated a major milestone of 65 years in pipeline construction.
That’s long enough that if the incorporation papers were a person, they could collect a pension cheque.
PTRC’s new CEO Ranjith (Ran) Narayanasamy says Saskatchewan should be a clean tech exporter to the world
REGINA – On Feb. 14th the Petroleum Technology Research Centre (PTRC) and its board of directors announced the appointment of Ranjith (“Ran”) Narayanasamy as the company’s new president and chief executive officer.
Narayanasamy comes to the PTRC from SaskPower after over 16 years. He has a somewhat different perspective on carbon capture and storage. You see, he spent some time in India speaking about and promoting SaskPower’s efforts in that regard. And India happens to have more than 180,000 megawatts of coal-fired power generation
Orphan wells: Parliamentary Budget Officer, Energy and Resources Minister weigh in on who pays
REGINA – In response to a recent report from the Parliamentary Budget Office (PBO) regarding orphan wells particularly in Alberta and Saskatchewan, Energy and Resources Minister Bronwyn Eyre wants to make something very clear: the Saskatchewan taxpayer is not on the...
Weekend Read: Years of CO2 research, and now the phone is ringing off the hook with interest, says retiring PTRC CEO Dan MacLean
REGINA – After nearly five years as president and CEO of the Petroleum Technology Research Centre, Dan MacLean is retiring. Again.
This isn’t his first time hanging it up. Previously he retired as president of Tundra Oil & Gas, Manitoba’s largest oil producer.
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