PRESS RELEASE – This morning Justice Barbara Romaine of the Alberta Court of Queen’s Bench granted Prosper Petroleum Ltd.’s (Prosper) application for a mandatory injunction and/or order of mandamus, directing the Government of Alberta to issue a decision on the Rigel Oil Sands Project (Rigel) within 10 days. The government lawyers argued that the Crown was immune to...
Learn MoreMeghan Grant · CBC News · Posted: Jan 14, 2020 4:55 PM MT | Last Updated: January 14 The lawyer for an Alberta-owned oil and gas company suggested Premier Jason Kenney is being hypocritical in the province’s refusal to give the go-ahead on an oilsands project. Prosper Petroleum Ltd. was in a Calgary courtroom Tuesday afternoon in an effort to get a judge to order...
Learn MoreKEVIN MARTIN Updated: January 14, 2020 Prosper Petroleum Ltd. is “at the end of our rope” in trying to get the province to approve its oil sands project, its CEO said Tuesday after a Calgary judge adjourned the company’s injunction bid. Prosper is seeking a court order that would force the provincial government to make a final decision on whether its proposed Rigel...
Learn MorePRESS RELEASE – Prosper Petroleum Ltd., a privately held, 95% Alberta owned company has filed documents in the Court of Queen’s Bench of Alberta for an order directing the Government of Alberta to make a decision regarding Prosper’s Rigel Oil Sands Project. The Rigel project is a 10,000 bbl/day steam assisted gravity drainage bitumen recovery project located...
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Apr 08, 2019 | by Damien Charlotin Canada has been put on notice of a dispute by a Czech investor, the Lama Energy Group, under the Canada-Czech Republic bilateral investment treaty, IAReporter has learned. The dispute is related to a stalled oilsands project in Alberta that has been pending regulatory approval, and in which the group’s Albertan subsidiary, Petrolama...
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Photo Credit: A aerial view of Kinder Morgan’s Trans Mountain marine terminal, in Burnaby, B.C., is shown on Tuesday, May 29, 2018. Canada’s Parliamentary budget watchdog says government paid “sticker price” for the Trans Mountain pipeline project when it purchased the pipeline from Kinder Morgan for $4.5 billion. JONATHAN HAYWARD / THE CANADIAN...
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