Prairie Lithium converts exploration permits to lithium leases, working on delineating resource in SE Sask
EMERALD PARK – When you’re first exploring for minerals in Saskatchewan, you take out an exploration permit on the lands you’re looking at. And when you’re serious about doing something with those lands, you convert those lands into leases. This is typically done by drilling a well.
But before you get into a major, multi-well drilling program, it’s important to delineate your resource, figuring out just how far out your resource extends. Is it a one-well wonder, or prolific?
These are all things Prairie Lithium Corporation is doing right now in the Torquay area, seeking to develop lithium from brines deep in Saskatchewan’s sedimentary geology.
Some risks too big: Insurers withdraw from fossil projects
BERLIN (AP) — Insurance companies that have long said they’ll cover anything, at the right price, are increasingly ruling out fossil fuel projects because of climate change — to cheers from environmental campaigners.
More than a dozen groups that track what policies insurers have on high-emissions activities say the industry is turning its back on oil, gas and coal.
Parkland says Q3 results below expectations, maintains full-year guidance
Parkland Corp. is warning its third-quarter results will fall short of its expectations, however the company is maintaining its guidance for the full year.
The Calgary-based company says it expects $325 million in adjusted earnings before interest, taxes, depreciation and amortization for the quarte
Newfoundland and Labrador update shows $479-million surplus, thanks in part to oil
Soaring oil prices and unexpected tax windfalls have driven a sea change in Newfoundland and Labrador’s financial outlook for the fiscal year, putting the province on course to post its first surplus in more than a decade.
Hall Findlay, Suncor Energy’s first ‘chief climate officer,’ to retire from role
Suncor Energy Inc.’s first-ever chief climate officer is departing her role at the end of November, but Martha Hall Findlay says she feels “far more optimistic” than she once did that Canada’s oil and gas sector can be part of the climate change solution.
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