Thursday, September 3, 2026

Surge Energy Announces Fourth Quarter and Year-End 2015 Results

Surge Energy (TSX: SGY) Reports Year-End Results 2015 HIGHLIGHTS Completed $465 million in accretive asset sales (at $90,000/boed in 1H/15), setting the stage for a “lower for longer” scenario for crude oil prices, via top tier balance sheet strength. Further delineation of the Upper Shaunavon field solidified years of visible drilling inventory. Realized a 30 percent annual reduction for drilling

Energy and Power Subcommittee Approves Draft of the Pipeline Safety Act of 2016

The Energy and Power Subcommittee has unanimously approved a discussion draft of the Pipeline Safety Act of 2016 to the full committee for consideration. The committee is working to enact pipeline safety reform and the bill is in the mark-up phase. “I know the hard working folks that own and operate the millions of miles of pipelines that crisscross the

New FASB Standard Requires Leases Obligations to be Shown on Balance Sheets – Hein

Hein & Associates provides an update on new FASB standard After years of review, the Financial Accounting Standards Board (FASB) issued a new standard that will require both public and private companies to show lease obligations on their balance sheet, according to Hein & Associates. As far back as 2005, financial regulators had pegged leases as an area for review,

New Timeline for Fairbanks LNG Delivery

From the News Miner JUNEAU — The new goal for Fairbanks’ first liquefied natural gas delivery through the Interior Energy Project is late 2017, with residential customers expected to start converting mostly in 2018. Earlier versions of the project had an estimated delivery date in 2015, but that slipped as costs came in higher than initial estimates and the project

Hampton Roads Lawmakers Back Gas Pipeline

From AP/Washington Post NORFOLK, Va. — A coalition of Hampton Roads state legislators is lining up behind the Atlantic Coast Pipeline. The 33 members of the General Assembly collectively known as the Hampton Roads Caucus expressed their backing for the massive natural gas project in a letter to Virginia’s U.S. senators, Democrats Mark Warner and Tim Kaine. The pipeline would

What’s Next for Europe’s NatGas Market?

From the Brookings Institution On February 16 the European Commission published its long awaited “winter package,” a series of legislative documents partly outlining the foundation of the often debated Energy Union. For those who have lost track, at the heart of the Energy Union lie concerns about single-source dependence on natural gas from Russia. The good news about natural gas