Canadian firm Tourmaline seals US$900M takeover in Montney Shale basin and sees more LNG prospects
Tourmaline Oil Corp., the Canadian oil and gas company, has agreed a C$1.1 billion (US$904.4 million) deal to purchase Black Swan Energy and boost its assets in the Montney Shale basin, where producers in northeast British Columbia have been heartened by two LNG export projects advancing to ship cargoes to Asia from the Kitimat area.
TransCanada given approval for Montney pipeline of cancelled Pacific Northwest LNG
TransCanada Corp. said the National Energy Board had recommended government approval of a variance to the previously issued North Montney Mainline Project certificate, allowing construction to start on the $1.4 billion project originally linked to a cancelled LNG venture.
British Columbia welcomes TransCanada decision on Montney shale-gas pipeline project
The Canadian province of British Columbia welcomed the decision by pipeline company TransCanada Corp. to inform the National Energy Board it was proceeding with the construction of the North Montney Mainline project to transport shale-gas to North American markets.
