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northernbcbusiness.comChetwynd | Northern BC Business - Part 2 – page 2northernbcbusiness.com

Birchcliff, Painted Pony boost capital spending, drilling program in NE BC

Birchcliff Energy and Painted Pony Petroleum have beefed up their capital spending forecasts for 2016, allowing for more than a dozen new wells to be drilled in the region. According to the Daily Oil Bulletin, Birchcliff has approved a revised capital budget of $163.7 million this year, up from $122.5 million previously planned. It’s a result of the company’s recent acquisition of Encana’s Gordondale assets near Pouce Coupe. The revised plan contemplates drilling a total […]

Duel: Site C brings jobs, prosperity

The BC NDP campaign slogan in the last election “Change for the Better — One … the NDP in favour of a pro-growth, pro-resource BC Liberal government. … building trade unions, which are crucial to the lifeblood of B.C.‘s economy. (24 Hours Vancouver) Click here to read in new tab

Amnesty International pushes feds to halt Site C, launches ‘global campaign’ against dam

Jason Dick, a Fort St. John boy featured in Amnesty International’s Site C … impacts of resource development on First Nations people in Northeast B.C. Aug. … to establish a “nation to nation” relationship with Canada’s First Nations. (Dawson Creek Mirror) Click here to read in new tab

Calgary-based Terra Energy shuts down after bank calls in $16M loan

From CBC A small energy producer with wells and facilities in Alberta and B.C. says it has shut down production, laid off all non-executive employees and its directors and officers have resigned after a bank called in a loan. Calgary-based Terra Energy Corp. has long been struggling to turn a profit, first as low natural gas prices cut into earnings and then as the collapse in crude prices derailed its plans to switch focus from […]

The Weather Network

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