Potential merger between Integris Credit Union and Lake View Credit Union

Prince George – On March 31, 2017 the Board of Directors of Integris Credit Union and Lake View Credit Union signed a Memorandum of Understanding to formalize merger talks between the financial cooperatives. The Board of Directors of both organizations are pursuing this merger in the interest of providing a stronger financial cooperative, enhanced member benefits and increased community resilience here in the North. “Members, staff and the communities are our key priorities in merger […]

Telus investing $12 million in Kitimat for fibre optic network

Telus will be investing $12 million into Kitimat before the end of 2017, in order to connect 90 per cent of homes and businesses to the fibre optic network the telecommunications company has established in the province. Construction on the project will begin in the upcoming weeks and planning has already commenced, according to a press release issued by Telus, with the company anticipating all homes and businesses will be connected by the end of […]

Petronas’ review of Canadian LNG project still ‘ongoing’, but CEO keen to monetize Montney natural gas asset

The head of the consortium proposing to build the Pacific NorthWest LNG project declined to provide a timeline on a possible final investment decision Wednesday, as the market for large-scale liquefaction facilities continues to weaken. “We’re doing a total review of the project, and taking into account all the cost optimization options,” said Petronas CEO Datuk Wan Zulkiflee Wan Ariffin. “That is still ongoing.” Malaysia-based Petronas is the largest stakeholder in the roughly $36-billion LNG […]

Painted Pony announces lower spending in the next two years, along with increased production

Painted Pony Petroleum has announced its updated 2017 capital budget and 2018 development plan details. Painted Pony has says that it will reduce capital spending during the next two years to ensure that it maintains its financial flexibility. In 2017, the company has reduced capital spending from its previously announced capital budget of $319 million to $288 million. The company forecasts average daily production of approximately 260 million cubic feet equivalent per day, an 85% […]

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