NWT leader sees prosperity flow from gas projects

Article Abstract:

Northwest Territories is prospering from a boom in the oil and gas industry with the support of Native American groups, which are earning money through job creation and land sales. The region near Fort Liard has an estimated 9 trillion cubic feet of Artic natural gas reserves.

Labor force information, Natural resources, Native Americans NEC, Energy use, Native Americans, Native North Americans, Northwest Territories

---

Renaissance shares slide on investor skepticism of Husky bid

Article Abstract:

Calgary, Alb.-based Renaissance Energy Ltd., which has been acquired by Calgary, Alb.-based Husky Oil Ltd., has lost significant share value. Industry analysts said that investors doubt the value of the merged public company.

Asset sales & divestitures, Acquisitions & mergers, Sales, profits & dividends, Mergers, acquisitions and divestments, Husky Oil Ltd.

---

Renaissance to write down reserves, analyst says

Article Abstract:

Tom Ebbern, an analyst at Toronto, Ont.-based Newcrest Capital Inc., predicts that Calgary, Alb.-based Renaissance Energy Ltd. will write down its oil and gas reserves by ten to fifteen percent. Industry analysts said that the energy sector is expected to adopt more conservative reporting of petroleum assets.

Financial analysis, Evaluation, Newcrest Capital Inc.

Similar abstracts:

• Abstracts: Cominco cashes in on demand for power with electricity sale. Cominco merger `logical,' Teck CEO says
• Abstracts: Minister puts onus on Diavik developers to avoid lengthy delay. Noranda magnesium to face stiff duties
• Abstracts: OSC keeps an eye on Phoenix; Duthie says firm knew of trades
• Abstracts: Collenette to uncap his cure for what ails Via Rail by March 31. Via Rail gets cash injection from Ottawa

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.