Surge Energy Inc. is selling oil-producing assets in southeast Saskatchewan and Manitoba for $430 million in order to pay down debt and finance an exploration program on its promising Upper Shaunavon crude oil discovery in southwest Saskatchewan.
CALGARY - Precision Drilling Corp. (TSX:PD) says North American demand for land drilling services in the first months of 2015 failed to meet "even the most pessimistic forecasts" as its customers looked for ways to reduce spending.
(Updates to early trading). * TSX up 3.59 points, or 0.02 percent, at 15,411.92. * Miners gain as commodity prices rise. By Alastair Sharp.
ALBERTON -- The weekend announcement that a deal is being considered which could see Sobey's purchase Co-op Atlantic's corporate stores and become the supplier of its member cooperatives, has prompted the Wellington Co-op Association to ...
Construction on a new light rail transit line along Finch Avenue West will begin in 2016 and be completed in five years, according to the Ontario minister of transportation.