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Whitecap Resources, TORC Oil combine businesses

Whitecap Resources, TORC Oil combine businesses

Whitecap Resources Inc. and TORC Oil and Gas Ltd. announced a business combination of two strong energy franchises resulting in a well-capitalized, low decline, light oil weighted company with an attractive free funds flow profile.

Whitecap to combine with Torc in the latest in a string of oilfield mergers

Two of Saskatchewan’s intermediate oil producers announced on Dec. 8 they will be combining. Whitecap Resources Inc. and Torc Oil & Gas Ltd.

So what is this oil shale being looked at, anyhow?

The Crown petroleum and natural gas public offering Dec. 1 highlighted the sale of several leases for “oil shale” southwest of Hudson Bay.

SaskPower announces street light upgrades for Estevan

SaskPower is continuing the upgrade to light emitting diode (LED) streetlights in the City of Estevan. The Crown corporation is investing about $414,000 in the next few months to upgrade 1,145 streetlights in the community.
Province offers businesses a recovery adaptation rebate

Province offers businesses a recovery adaptation rebate

The Government of Saskatchewan announced the new Strong Recovery Adaptation Rebate (SRAR), which will assist businesses as they adapt their business models to address the challenges caused by the global COVID-19 pandemic.
First oil shale leases sold in Crown petroleum rights land sale

First oil shale leases sold in Crown petroleum rights land sale

For many years, it has been known that Saskatchewan has oil shale resources, but they have never been developed. In the Dec.
First oil shale leases sold in Crown petroleum rights land sale

First oil shale leases sold in Crown petroleum rights land sale

For many years, it has been known that Saskatchewan has oil shale resources, but they have never been developed.
New business helps make furniture look good again

New business helps make furniture look good again

A new business in Estevan takes pride in making furniture look good again, while providing other services for the community.
Moonlight Madness to be spread out over two days this year

Moonlight Madness to be spread out over two days this year

Estevan’s Downtown Business Association (DBA) has expanded its annual Moonlight Madness shopping event. It will be held over two days Dec.
Crescent Point supports new addictions treatment centre

Crescent Point supports new addictions treatment centre

A donation has been made on behalf of Crescent Point Energy to St. Joseph’s Hospital Foundation.
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