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

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% […]

Natural Resources Development in Northern British Columbia

Here in Northern BC the next 6 months will be busy with numerous projects in the natural resource sector. In the short term there are a number of events that will help set the pace forward for the next 10-20 years of business development. Cambridge House First up is the Cambridge House Vancouver Investment Resource Show January 22-23 at the Vancouver Convention Centre. This show is slowly bouncing back with companies looking for investors for […]

Pembina Pipeline Corporation Receives Approvals for North East British Columbia Expansion

CALGARY, Jan. 5, 2017 /CNW/ – Pembina Pipeline Corporation (“Pembina” or the “Company”) (TSX: PPL; NYSE: PBA) has received regulatory approval for and initiated construction on its previously announced $235 million expansion of its pipeline infrastructure in northeast British Columbia (“B.C.”) (the “NEBC Expansion” or “the Project”). “With regulatory sanctioning of the NEBC Expansion, we have secured approvals for the majority of the projects within our conventional pipelines business,” said Paul Murphy, Pembina Senior Vice President, […]

Alta Gas Update for Northern BC Projects

AltaGas Ltd. (“AltaGas”) (TSX:ALA) announced today that on December 19, 2016 it received regulatory approval from the British Columbia Oil and Gas Commission (“BCOGC”) for the doubling of the Townsend Facility to 396 MMcf/d and to retrofit the existing 198 MMcf/d shallow-cut Townsend Facility to a deep-cut facility at a future date. The initial expansion will be a 100 Mmcf/d shallow-cut natural gas processing facility (“Townsend Phase 2”) to be located on the existing Townsend […]

The Weather Network

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