Crescent Point to buy Spartan Delta Corp.’s Montney assets in $1.7-billion deal

Crescent Point to buy Spartan Delta Corp.’s Montney assets in $1.7-billion deal

Crescent Point Energy Corp. has reached a deal to buy Spartan Delta Corp.’s Montney oilfield assets in Alberta for $1.7 billion, a deal that will see the Calgary-based company significantly grow its presence in what is one of North America’s largest unconventional petroleum plays.
The all-cash deal announced Tuesday will see Crescent Point acquire 600 drilling locations in the Montney region, adding 38,000 barrels of oil equivalent per day (boe/d) to the company’s production capacity.

To provide the building blocks of 21st century technology, Saskatchewan releases Critical Mineral Strategy

To provide the building blocks of 21st century technology, Saskatchewan releases Critical Mineral Strategy

Critical minerals, the crucial ingredients for everything from cellphones to electric vehicles, are all the rage right now. And in a global race, Saskatchewan is staking its claim, figuratively and literally, in the development of many of these critical minerals.

On Monday, March 27, the Government of Saskatchewan has launched Securing the Future: Saskatchewan’s Critical Minerals Strategy to drive growth and development of the sector in the province.

As SaskPower talks about new solar, nukes and a transmission line to the U.S., wind power drops to 3.6% output the next day

As SaskPower talks about new solar, nukes and a transmission line to the U.S., wind power drops to 3.6% output the next day

For two days, SaskPower held open house session in Estevan about future projects planned for the area, including a 650 megawatt bi-directional power line connecting to the United States, possibly two nuclear reactors, and a 100 megawatt solar farm. SaskPower officials also spoke of an additional 3,000 megawatts of wind and solar power to be constructed by 2035. (Watch for a detailed story on Wednesday)
The next day, on March 25, SaskPower’s “Where Your Power Comes From” web page listed just how much power was produced by wind. And it wasn’t much.

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Saskatchewan’s Critical Mineral Strategy’s flow through shares a big deal for junior mining company Buffalo Potash

Saskatchewan’s Critical Mineral Strategy’s flow through shares a big deal for junior mining company Buffalo Potash

If you’ve spent the last few years trying to put together the money to launch a new potash company, the announcement of Saskatchewan’s new Critical Mineral Strategy on March 27 just might sound like music to your ears.
That certainly is the case for Steve Halabura, CEO and founder of Saskatchewan-based Buffalo Potash, a startup that’s seeking to apply oilfield techniques and technology to small modular potash development.

Canadian reporter challenges Biden on the hypocrisy of killing Keystone XL, but approving Alaska Willow Project last week

Canadian reporter challenges Biden on the hypocrisy of killing Keystone XL, but approving Alaska Willow Project last week

In the joint press conference held by Prime Minister Justin Trudeau and American President Joe Biden in Ottawa on March 24, the last question posed came from a Canadian Press reporter who challenged Biden on his administration’s hypocrisy from killing the Keystone XL pipeline but recently allowing the Willow Project in Alaska.  

It also turns out, math is hard

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    0111 2026 SK Oil Show booth promo 01
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    0102 Lori Carr Coal Extended
  • 0100 Turnbull Project Manager
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  • 0099 Mryglod Steel 1080p
    0099 Mryglod Steel 1080p
  • 0097 Eagle Sky Ventures LTD
    0097 Eagle Sky Ventures LTD
  • 0095 Fast Trucking nearly 70 years good at it
    0095 Fast Trucking nearly 70 years good at it
  • 0092 Turnbull projects big and small
    0092 Turnbull projects big and small
  • 0046 City of Estevan This is Estevan Teaser
    0046 City of Estevan This is Estevan Teaser
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    0051 JML Hiring Pumpjack assembly
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    0049 Scotsburn Dental soft guitar
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    0041 DEEP Since 2018 now we are going to build
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Verbatim: Joint statement from President Joe Biden and Prime Minister Justin Trudeau, with plenty to say on energy

Verbatim: Joint statement from President Joe Biden and Prime Minister Justin Trudeau, with plenty to say on energy

Editor’s note: Sometimes its worth hearing, or reading things, “from the horse’s mouth,” as it were. Here’s the full joint statement from Prime Minister Justin Trudeau and President Joe Biden on Friday, March 24, the day of Biden’s first state visit as president. I have bolded areas of interest to the energy sector. There are references to electric vehicles, critical minerals, net-zero, electricity, coal, nuclear fuel and reactors, and even pipelines. Pay particular note to the announcement of a one-year “Energy Transformation Task Force.”

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    0099 Mryglod Steel 1080p
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    0097 Eagle Sky Ventures LTD
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    0095 Fast Trucking nearly 70 years good at it
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    0092 Turnbull projects big and small
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    0046 City of Estevan This is Estevan Teaser
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    0077 Caprice Resources Stand Up For Free Speech
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    0061 SIMSA 2024 For Sask Buy Sask
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    0051 JML Hiring Pumpjack assembly
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    0049 Scotsburn Dental soft guitar
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    0041 DEEP Since 2018 now we are going to build
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Activist investor wants Parkland to consider strategic alternatives

Activist investor wants Parkland to consider strategic alternatives

A U.S. activist investor has set its sights on Calgary-based Parkland Corp., urging the fuel retailer to consider selling or spinning off its Burnaby, B.C., refinery.

New York-based Engine Capital LP., which owns about a two per cent stake in Parkland, sent a letter to the company’s board on Wednesday. In the letter, Engine criticized Parkland for being “unable to translate its advantaged strategic position and quality assets into adequate returns for shareholders,” and said the company could achieve better performance by becoming a pure play fuel and convenience retailer and getting rid of non-core assets.

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    0085 Turnbull snow removal call office
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    0102 Lori Carr Coal Extended
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  • 0099 Mryglod Steel 1080p
    0099 Mryglod Steel 1080p
  • 0097 Eagle Sky Ventures LTD
    0097 Eagle Sky Ventures LTD
  • 0095 Fast Trucking nearly 70 years good at it
    0095 Fast Trucking nearly 70 years good at it
  • 0092 Turnbull projects big and small
    0092 Turnbull projects big and small
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    0046 City of Estevan This is Estevan Teaser
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    0077 Caprice Resources Stand Up For Free Speech
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    0061 SIMSA 2024 For Sask Buy Sask
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    0041 DEEP Since 2018 now we are going to build
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Canada will take a ‘hard long look’ at UN call to speed emissions reduction: minister

Canada will take a ‘hard long look’ at UN call to speed emissions reduction: minister

Canada has set at least eight different emissions targets since 1988, and has failed to meet any of them to date. Its next target in 2030 hinges heavily on being able to ratchet down emissions from the oil and gas sector.

That 2030 target currently is to cut emissions so they are between 55 and 60 per cent of what they were in 2005. Based on emissions levels in 2020, meeting the 2030 goal would mean cutting about 23 million tonnes of emissions a year, on average. That’s the equivalent of taking five million passenger cars off the road every 12 months until the end of the decade.