Gilbert Appointed To Whitecap’s Board Of Directors
Daryl H. Gilbert will also serve on corporate governance and compensation committee and will chair the HSE committee. Gilbert is currently a managing director of private-equity firm JOG Capital Inc.
Kicking Horse Acquires Montney Working Interest Sections
Kicking Horse Energy Inc. exchanged 27 sections of deep rights in Alberta’s Chime area for nine full working interest sections of Montney rights in the province’s Kakwa area.
Endurance Will Acquire StonePoint Energy
StonePoint’s ability to acquire and develop Deep Basin and Peace River Arch assets was impacted by the downturn. The current transaction is in the shareholders’ best interest, the company said.
Black Swan Closes CA$200 Million Carmel Bay Exploration Acquisition
Black Swan Energy Ltd. closed the CA$200 million (US$158 million) acquisition of Carmel Bay Exploration, boosting its land position in the Montney Formation, Reuters said.
Painted Pony Enters British Columbia Gas Transportation Contract
There will be 220 million cubic feet per day of firm capacity on T-North Pipeline, beginning Nov. 1, 2016. The 25-year term is for 200 million cubic feet per day.
Leitl Appointed VP Land At Kicking Horse
Jeff Leitl has more than 25 years’ experience in land, business and negotiations. For the past year he has been a consultant to Kicking Horse.
Tourmaline Details Montney Turbidite Developments
The initial discovery, made in 2013, was tested with 10 widely-spaced horizontal wells. During the rest of the year, CA$110 million is planned for Lower Turbidite drilling and acquisitions.
Pembina Will Provide Sturgeon Refinery Terminaling
Pembina will provide terminaling under a 30-year fixed return agreement and a 10-year NGL mix purchase and sale agreement related to the third fractionator it’s constructing at its Redwater site.
Waldron Will Sell Ricinus, Strachan Properties
Waldron Energy Corp. entered an agreement to sell the Strachan and Ricinus properties for CA$12.3 million, as a first step in an asset disposition plan.
StonePoint Energy Details Year-End 2014 Results
In fourth-quarter 2014, StonePoint closed recapitalization of Blackdog Resources. Before the year ended, StonePoint built initial position in the Valhalla area--five sections (three net) of highly prospective Montney lands.