QEC - communities see ocean of opportunity in oil and gas!
The thread was full and too much junk in it
"communities see ocean of opportunity in oil and gas
By Kerry Jothen on October 5, 2020No Comment
Editor’s note: Indigenous communities across Canada are learning how to prosper in a new era of co-operation in oil and gas development. Setting aside old grievances, industry, government and First Nations communities are working together to ensure that, as equal partners, Canada’s Indigenous peoples enjoy employment and sustainable growth trickles down to them.
In this unprecedented time of Indigenous rights and title, oil and gas companies recognizing that treating First Nations people as equal partners is a win-win that advances the cause of economic and social reconciliation.
Governments are attempting to facilitate development through economic, employment and business partnerships. This is particularly relevant in light of the United Nations Declaration on the Rights of Indigenous Peoples, Canada’s Truth and Reconciliation Commission, and legal and other developments.
“It’s through economic development, economic reconciliation, that we’re going to find a path back to our true identities and revitalize our culture as Indigenous people,” says Crystal Smith, chief councillor for the Haisla First Nation in northwest British Columbia. She notes that Canada ranks ninth in the world when it comes to living standards but that falls to 63rd for on-reserve communities.
With this in mind, Indigenous communities across Canada are increasingly pursuing economic, employment and business partnerships with oil and gas companies. First Nations, the private sector and governments have shared and unique interests in this form of development.
According to a recent task force report, Indigenous communities increased their access to market capital for business and economic development by more than double, to $5.9 billion between 2003 and 2013. The report suggests Indigenous economic contributions to our gross domestic product (GDP) could reach $100 billion by 2023.
The opportunities are tantalizing.
“Indigenous-owned businesses are 40 times more likely to be involved in the mining and oil and gas sectors than the average Canadian business,” wrote Dale Swampy, president of the National Coalition of Chiefs In the Task Force for Real Jobs, Real Recovery final report. “The extractive sector hires twice as many Indigenous employees and pays on average twice as much in wages as other sectors.”
The main instrument for First Nations to participate in the resource economy has been through negotiated impact and benefit agreements, and similar instruments.
As historian Ken Coates suggests in a recent report, these agreements are driven by a duty to consult and accommodate. In addition, they contain four main components: financial payments to the First Nation; employment and training outcomes; special procurement and business development opportunities; and general assurances of First Nations’ participation in the oversight and monitoring of the resource activities.
Such agreements have been used by many major oil and gas companies and for major projects. For example:
Construction of the $6-billion Coastal GasLink project includes project agreements with all 20 First Nations along the pipeline route and $825 million in contracts to Indigenous and local businesses and First Nations employment opportunities.LNG Canada and Haisla Nation have a benefits agreement that has been lauded by the community and others. The LNG Canada project workforce included almost 10 per cent Indigenous people at the end of 2019, and it has facilitated various commercial joint ventures (e.g., module offloading facility with the multinational company Mammoet). The First Nations Group Limited Partnership consists of 16 First Nations along the Kitimat LNG Project and Pacific Trail Pipelines route and is a commercial partnership valued at more than $500 million. If this project moves forward, the First Nations involved will incur huge benefits and ownership opportunities.Trans Mountain Pipeline has signed 58 mutual benefit agreements and similar commercial agreements with Indigenous communities worth more than $500 million. It has provided training and hired more than 300 Indigenous people and contracts with many First Nations businesses and suppliers.
First Nations want to lead land and resource development. And they want to have an ownership stake in economic ventures to address community development, poverty and social needs. This ramps up First Nations’ economic and business opportunities and risks, and goes beyond the typical impact and benefits agreement.
Niilo Edwards, executive director of the First Nations Major Projects Coalition, notes three key advantages that equity in oil and gas development have over annual payments in traditional impact and benefits agreements:
Profits from ownership of equity are expected to be many times larger than annual payments that can be negotiated with industry.First Nations with equity will be in a better position as owners to influence the business decisions that impact them and their lands.Indigenous communities will have the opportunity to use the secured project revenue streams to gain financing for community infrastructure projects, like housing and water.
The first major development in Indigenous ownership in oil and gas was a 2017 agreement among Suncor and Fort McKay and Mikisew Cree First Nations. The two nations jointly purchased a 49 per cent stake in Suncor’s East Tank Farm for $503 million.
There are other examples of First Nations equity stakes in energy projects and many more in the works (e.g. Eagle Spirit Pipeline, Churchill pipeline, Woodfibre LNG). A smaller recent energy-related example is Ridley Terminals Inc., which the federal government sold in 2019. In the transaction, the Lax Kw’alaams Band and Metlakatla First Nation obtained a 10 per cent equity share.
In another recent Coastal GasLink project, company owner TC Energy announced it had allocated a 10 per cent equity stake for First Nations. The coalition brought together 13 First Nations investors who want to own up to 30 per cent of the value of the pipeline. A deal could be reached in coming months.
The Trans Mountain expansion project has at least two Indigenous groups proposing to purchase ownership of a portion of the pipeline. Project Reconciliation, an Indigenous-led group, is pursuing majority ownership of the project through an Indigenous sovereign wealth fund. And the Iron Coalition led by the Assembly of Treaty Chiefs also seeks an equity stake, intending to purchase between half and all of the project post-construction.
Yet there are still challenges.
As Ellis Ross, Skeena, B.C., MLA and former chief councillor of the Haisla Nation, said: “Many First Nations do not have the governance continuity or corporate memory in pursuing protracted negotiations on complicated revenue sharing and project equity stakes with resource companies.”
Ross said “equity” means a lot of responsibility, risks, long-term commitments and First Nations leadership meaningfully engaging with its community.
Lawyer Douglas Eyford, who has been involved in project development negotiations for several years, said there are obstacles to increased Indigenous participation in infrastructure development. Those include access to capital, capacity challenges with some Indigenous communities and territorial disputes among Indigenous groups.
Barry Nikal, former chief councillor of the Moricetown Indian Band (now Witset First Nation) for two terms and a Wet’suwet’en hereditary chief, has negotiated agreements on the Pacific Trails and Coastal GasLink pipelines.
“We need a cohesive approach when companies and governments are negotiating agreements with First Nations,” he says.
Nikal stresses the importance of working with groups of First Nations on revenue sharing and other benefits in a holistic approach, rather than “cutting individual deals that can pit communities in competition with one another for partners and contracts.”
Edwards of the First Nations Major Projects Coalition said there are additional challenges: “a lack of Indigenous at-risk capital and scarce resources at the community level for legal and financial experience to manage complicated transactions.”
The federal Indian Act limits First Nations’ access to capital through commercial loans and private investments, and their ability to use assets as collateral for borrowing and obtaining low-interest rates.
Indigenous groups, such as the First Nations Major Projects Coalition, are calling for changes to the act. They want creative financing programs from government and more support to the First Nations Finance Authority, which has provided more than $600 million in loans at low interest rates and other financial support to Indigenous communities.
For Crystal Smith and her community, being part of one of Canada’s largest commercial developments – LNG Canada – is a key part of their drive to ensure sustainable financial independence from governments.
If Canada’s growth in oil and gas development is supported, First Nations will realize long-term economic and social benefits.
Kerry Jothen, BA, MA, is principal of Human Capital Strategies and has 42 years of experience in human capital roles. HCS is one of the longest-standing independent strategic planning, workforce research and strategy development consultancies in B.C."
https://troymedia.com/business/indigenous-communities-see-ocean-of-opportunity-in-oil-and-gas/#.X3sj8DPnswA
"communities see ocean of opportunity in oil and gas
By Kerry Jothen on October 5, 2020No Comment
Editor’s note: Indigenous communities across Canada are learning how to prosper in a new era of co-operation in oil and gas development. Setting aside old grievances, industry, government and First Nations communities are working together to ensure that, as equal partners, Canada’s Indigenous peoples enjoy employment and sustainable growth trickles down to them.
In this unprecedented time of Indigenous rights and title, oil and gas companies recognizing that treating First Nations people as equal partners is a win-win that advances the cause of economic and social reconciliation.
Governments are attempting to facilitate development through economic, employment and business partnerships. This is particularly relevant in light of the United Nations Declaration on the Rights of Indigenous Peoples, Canada’s Truth and Reconciliation Commission, and legal and other developments.
“It’s through economic development, economic reconciliation, that we’re going to find a path back to our true identities and revitalize our culture as Indigenous people,” says Crystal Smith, chief councillor for the Haisla First Nation in northwest British Columbia. She notes that Canada ranks ninth in the world when it comes to living standards but that falls to 63rd for on-reserve communities.
With this in mind, Indigenous communities across Canada are increasingly pursuing economic, employment and business partnerships with oil and gas companies. First Nations, the private sector and governments have shared and unique interests in this form of development.
According to a recent task force report, Indigenous communities increased their access to market capital for business and economic development by more than double, to $5.9 billion between 2003 and 2013. The report suggests Indigenous economic contributions to our gross domestic product (GDP) could reach $100 billion by 2023.
The opportunities are tantalizing.
“Indigenous-owned businesses are 40 times more likely to be involved in the mining and oil and gas sectors than the average Canadian business,” wrote Dale Swampy, president of the National Coalition of Chiefs In the Task Force for Real Jobs, Real Recovery final report. “The extractive sector hires twice as many Indigenous employees and pays on average twice as much in wages as other sectors.”
The main instrument for First Nations to participate in the resource economy has been through negotiated impact and benefit agreements, and similar instruments.
As historian Ken Coates suggests in a recent report, these agreements are driven by a duty to consult and accommodate. In addition, they contain four main components: financial payments to the First Nation; employment and training outcomes; special procurement and business development opportunities; and general assurances of First Nations’ participation in the oversight and monitoring of the resource activities.
Such agreements have been used by many major oil and gas companies and for major projects. For example:
Construction of the $6-billion Coastal GasLink project includes project agreements with all 20 First Nations along the pipeline route and $825 million in contracts to Indigenous and local businesses and First Nations employment opportunities.LNG Canada and Haisla Nation have a benefits agreement that has been lauded by the community and others. The LNG Canada project workforce included almost 10 per cent Indigenous people at the end of 2019, and it has facilitated various commercial joint ventures (e.g., module offloading facility with the multinational company Mammoet). The First Nations Group Limited Partnership consists of 16 First Nations along the Kitimat LNG Project and Pacific Trail Pipelines route and is a commercial partnership valued at more than $500 million. If this project moves forward, the First Nations involved will incur huge benefits and ownership opportunities.Trans Mountain Pipeline has signed 58 mutual benefit agreements and similar commercial agreements with Indigenous communities worth more than $500 million. It has provided training and hired more than 300 Indigenous people and contracts with many First Nations businesses and suppliers.
First Nations want to lead land and resource development. And they want to have an ownership stake in economic ventures to address community development, poverty and social needs. This ramps up First Nations’ economic and business opportunities and risks, and goes beyond the typical impact and benefits agreement.
Niilo Edwards, executive director of the First Nations Major Projects Coalition, notes three key advantages that equity in oil and gas development have over annual payments in traditional impact and benefits agreements:
Profits from ownership of equity are expected to be many times larger than annual payments that can be negotiated with industry.First Nations with equity will be in a better position as owners to influence the business decisions that impact them and their lands.Indigenous communities will have the opportunity to use the secured project revenue streams to gain financing for community infrastructure projects, like housing and water.
The first major development in Indigenous ownership in oil and gas was a 2017 agreement among Suncor and Fort McKay and Mikisew Cree First Nations. The two nations jointly purchased a 49 per cent stake in Suncor’s East Tank Farm for $503 million.
There are other examples of First Nations equity stakes in energy projects and many more in the works (e.g. Eagle Spirit Pipeline, Churchill pipeline, Woodfibre LNG). A smaller recent energy-related example is Ridley Terminals Inc., which the federal government sold in 2019. In the transaction, the Lax Kw’alaams Band and Metlakatla First Nation obtained a 10 per cent equity share.
In another recent Coastal GasLink project, company owner TC Energy announced it had allocated a 10 per cent equity stake for First Nations. The coalition brought together 13 First Nations investors who want to own up to 30 per cent of the value of the pipeline. A deal could be reached in coming months.
The Trans Mountain expansion project has at least two Indigenous groups proposing to purchase ownership of a portion of the pipeline. Project Reconciliation, an Indigenous-led group, is pursuing majority ownership of the project through an Indigenous sovereign wealth fund. And the Iron Coalition led by the Assembly of Treaty Chiefs also seeks an equity stake, intending to purchase between half and all of the project post-construction.
Yet there are still challenges.
As Ellis Ross, Skeena, B.C., MLA and former chief councillor of the Haisla Nation, said: “Many First Nations do not have the governance continuity or corporate memory in pursuing protracted negotiations on complicated revenue sharing and project equity stakes with resource companies.”
Ross said “equity” means a lot of responsibility, risks, long-term commitments and First Nations leadership meaningfully engaging with its community.
Lawyer Douglas Eyford, who has been involved in project development negotiations for several years, said there are obstacles to increased Indigenous participation in infrastructure development. Those include access to capital, capacity challenges with some Indigenous communities and territorial disputes among Indigenous groups.
Barry Nikal, former chief councillor of the Moricetown Indian Band (now Witset First Nation) for two terms and a Wet’suwet’en hereditary chief, has negotiated agreements on the Pacific Trails and Coastal GasLink pipelines.
“We need a cohesive approach when companies and governments are negotiating agreements with First Nations,” he says.
Nikal stresses the importance of working with groups of First Nations on revenue sharing and other benefits in a holistic approach, rather than “cutting individual deals that can pit communities in competition with one another for partners and contracts.”
Edwards of the First Nations Major Projects Coalition said there are additional challenges: “a lack of Indigenous at-risk capital and scarce resources at the community level for legal and financial experience to manage complicated transactions.”
The federal Indian Act limits First Nations’ access to capital through commercial loans and private investments, and their ability to use assets as collateral for borrowing and obtaining low-interest rates.
Indigenous groups, such as the First Nations Major Projects Coalition, are calling for changes to the act. They want creative financing programs from government and more support to the First Nations Finance Authority, which has provided more than $600 million in loans at low interest rates and other financial support to Indigenous communities.
For Crystal Smith and her community, being part of one of Canada’s largest commercial developments – LNG Canada – is a key part of their drive to ensure sustainable financial independence from governments.
If Canada’s growth in oil and gas development is supported, First Nations will realize long-term economic and social benefits.
Kerry Jothen, BA, MA, is principal of Human Capital Strategies and has 42 years of experience in human capital roles. HCS is one of the longest-standing independent strategic planning, workforce research and strategy development consultancies in B.C."
https://troymedia.com/business/indigenous-communities-see-ocean-of-opportunity-in-oil-and-gas/#.X3sj8DPnswA
Redigert 21.01.2021 kl 09:28
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MC Axel
05.12.2020 kl 00:33
2233
M. Binnion skrev Kjøpte 50 000 lodd til i dag, er det å anse som innsidehandel ;-)
Good timing! 😁👍
Sell on 30 NOK ;)
Sell on 30 NOK ;)
MC Axel
01.12.2020 kl 17:37
2472
M. Binnion skrev Kjøpte 50 000 lodd til i dag, er det å anse som innsidehandel ;-)
😄👍
Sitat Opp+ "Hvor skal quebec få olje og gassen sin fra nå?? Tror de må vurder og få den opp selv jeg, kanskje med en renere metode?"
Alberta company to provide Quebec with ‘responsible’ natural gas
Seven Generations Energy has achieved new international certification based on an independent review of its its environmental, social and governance (ESG) performance
By Grady Semmens on February 10, 2020, 4:10 pm MST
Photo courtesy Seven Generations Energy
A Western Canadian energy company is the first to receive international certification for sustainable natural gas production – a designation that is helping it tap into the Quebec market through a new deal with the province’s biggest gas provider.
Seven Generations Energy has achieved EO100 certification from New York-based non-profit Equitable Origin, following an independent assurance process that examined its environmental, social and governance (ESG) performance. This included discussions with key stakeholders and assessments of its operations.
ESG metrics are of increasing interest to investors who are concerned about companies adopting practices that will mitigate risk and ensure their long-term sustainability, according to S&P Global.
The acronym refers to a broad range of environmental, social and governance criteria that reflects the growing sensitivity of consumers to how companies operate as factors in their buying decisions, S&P Global says.
This can include metrics like greenhouse gas emissions, community investment, worker safety, representation of women, Indigenous people and visible minorities, and board diversity.
Seven Generations produces approximately 200,000 barrels of oil-equivalent per day of natural gas and condensate from its Kakwa River project in northwestern Alberta.
Earning the EO100 certification was critical to reaching a new supply contract with Énergir, which distributes 97 per cent of Quebec’s gas supply to more than 200,000 customers and is the state of Vermont’s sole gas provider.
Énergir expects 20 per cent of its gas to be supplied by Seven Generations over the next year as the gas distributor strives to reduce its environmental footprint and provide its customers with more information about the sources of their energy products.
The certification process also involved collaboration with the Pembina Institute, a Canadian clean energy think-tank that advised Énergir on potential certification frameworks and served as a third-party adviser on the certification process.
“Certification provides an incentive to produce natural gas at a higher standard than business as usual and offers companies such as Seven Generations a strong competitive advantage as the world decarbonizes,” the Pembina Institute’s Chris Severson-Baker said in a statement.
“We applaud Seven Generations and Énergir for their leadership, and encourage other companies to follow in their footsteps.”
https://www.canadianenergycentre.ca/alberta-company-to-provide-quebec-with-responsible-natural-gas/
S
Alberta company to provide Quebec with ‘responsible’ natural gas
Seven Generations Energy has achieved new international certification based on an independent review of its its environmental, social and governance (ESG) performance
By Grady Semmens on February 10, 2020, 4:10 pm MST
Photo courtesy Seven Generations Energy
A Western Canadian energy company is the first to receive international certification for sustainable natural gas production – a designation that is helping it tap into the Quebec market through a new deal with the province’s biggest gas provider.
Seven Generations Energy has achieved EO100 certification from New York-based non-profit Equitable Origin, following an independent assurance process that examined its environmental, social and governance (ESG) performance. This included discussions with key stakeholders and assessments of its operations.
ESG metrics are of increasing interest to investors who are concerned about companies adopting practices that will mitigate risk and ensure their long-term sustainability, according to S&P Global.
The acronym refers to a broad range of environmental, social and governance criteria that reflects the growing sensitivity of consumers to how companies operate as factors in their buying decisions, S&P Global says.
This can include metrics like greenhouse gas emissions, community investment, worker safety, representation of women, Indigenous people and visible minorities, and board diversity.
Seven Generations produces approximately 200,000 barrels of oil-equivalent per day of natural gas and condensate from its Kakwa River project in northwestern Alberta.
Earning the EO100 certification was critical to reaching a new supply contract with Énergir, which distributes 97 per cent of Quebec’s gas supply to more than 200,000 customers and is the state of Vermont’s sole gas provider.
Énergir expects 20 per cent of its gas to be supplied by Seven Generations over the next year as the gas distributor strives to reduce its environmental footprint and provide its customers with more information about the sources of their energy products.
The certification process also involved collaboration with the Pembina Institute, a Canadian clean energy think-tank that advised Énergir on potential certification frameworks and served as a third-party adviser on the certification process.
“Certification provides an incentive to produce natural gas at a higher standard than business as usual and offers companies such as Seven Generations a strong competitive advantage as the world decarbonizes,” the Pembina Institute’s Chris Severson-Baker said in a statement.
“We applaud Seven Generations and Énergir for their leadership, and encourage other companies to follow in their footsteps.”
https://www.canadianenergycentre.ca/alberta-company-to-provide-quebec-with-responsible-natural-gas/
S
M. Binnion
01.12.2020 kl 15:04
2665
Kjøpte 50 000 lodd til i dag, er det å anse som innsidehandel ;-)
XL2016
27.11.2020 kl 08:16
3066
AEQ har uttalt at verdene reneste gassproduksjon vil ha Carbon avtrykk lik sol- og vindkraft.
De to største av en håndfull er Questerre og Utica R., pilot bør passe rett inn i konseptet i Becancour.
13. november
Pierre Fitzgibbon, økonomi- og innovasjonsminister
Pierre Fitzgibbon hevdet at Bécancour industri- og havnepark og det nærliggende universitetet i Quebec i Trois-Rivières (UQTR) allerede har ekspertise innen karbonfangst og rene industrielle prosesser.
Ministeren for økonomi og innovasjon, Pierre Fitzgibbon.
Ministeren for økonomi og innovasjon, Pierre Fitzgibbon, indikerte at rundt femti prosjekter for opprettelse av innovasjonssoner har blitt mottatt hittil. Foto: Radio-Canada
Ministeren sa imidlertid at den endelige avgjørelsen ville avhenge av interessene til privat sektor, slik at regjeringen ikke investerer i prosjektet alene.
Quebec har også til hensikt å identifisere en person som er ansvarlig for å tiltrekke virksomheter til industriparken og havnen i Bécancour, som for øyeblikket bare er 40% okkupert. Det er en barnehage å fylle ut hullene, foreslo minister Fitzgibbon.
https://www.google.no/amp/s/ici.radio-canada.ca/amp/1749282/relance-economique-becancour-shawinigan-pierre-fitzgibbon-energie-propre
De to største av en håndfull er Questerre og Utica R., pilot bør passe rett inn i konseptet i Becancour.
13. november
Pierre Fitzgibbon, økonomi- og innovasjonsminister
Pierre Fitzgibbon hevdet at Bécancour industri- og havnepark og det nærliggende universitetet i Quebec i Trois-Rivières (UQTR) allerede har ekspertise innen karbonfangst og rene industrielle prosesser.
Ministeren for økonomi og innovasjon, Pierre Fitzgibbon.
Ministeren for økonomi og innovasjon, Pierre Fitzgibbon, indikerte at rundt femti prosjekter for opprettelse av innovasjonssoner har blitt mottatt hittil. Foto: Radio-Canada
Ministeren sa imidlertid at den endelige avgjørelsen ville avhenge av interessene til privat sektor, slik at regjeringen ikke investerer i prosjektet alene.
Quebec har også til hensikt å identifisere en person som er ansvarlig for å tiltrekke virksomheter til industriparken og havnen i Bécancour, som for øyeblikket bare er 40% okkupert. Det er en barnehage å fylle ut hullene, foreslo minister Fitzgibbon.
https://www.google.no/amp/s/ici.radio-canada.ca/amp/1749282/relance-economique-becancour-shawinigan-pierre-fitzgibbon-energie-propre
Redigert 27.11.2020 kl 08:16
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XL2016
26.11.2020 kl 20:45
3276
Domus
Vet du hva som planlegges ved industriparken i Becancour?
Vil et evt forskningsprosjekt være i regi av AEQ eller de enkelte medlemmene?
Vet du hva som planlegges ved industriparken i Becancour?
Vil et evt forskningsprosjekt være i regi av AEQ eller de enkelte medlemmene?
GOV
26.11.2020 kl 08:43
3485
Takker, tuja 👍 Jeg var inne på Toronto Stock Exchange - den viste samme utvikling/volum som Nordnet.. - det er jo kursutv. som er viktigst 😊
Mulig det kan være noe med førhandel her og..
https://money.tmx.com/en/quote/QEC
Mulig det kan være noe med førhandel her og..
https://money.tmx.com/en/quote/QEC
Redigert 26.11.2020 kl 08:52
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tuja
26.11.2020 kl 08:33
3525
Vikingen
26.11.2020 kl 08:24
3553
Ok, det var jeg ikke lige opmærksom på - men trodsalt positivt at de vil forlænge den.
GOV
26.11.2020 kl 08:14
3579
Hei, tuja 👍- hvor ser du Toronto-omsetning ? Nordnet viser 0,13 CAD på slutt tirsdag kveld - og 0,13 CAD i går kveld, men kun 137k aksjer omsatt... Nordnet får tydeligvis ikke med alle bevegelser/kjøp ...(?) Enig - selv med beskjedent volum, lenge siden handelen har vært på dette nivå ..
Redigert 26.11.2020 kl 08:15
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MC Axel
26.11.2020 kl 00:10
3771
To get refinanced in these days is always positive. I have heard that some banks have tightened the requirements for their credits due to the Covid-19
Rough times
Rough times
tuja
25.11.2020 kl 23:59
3795
Videre opp i Toronto, og tiltagende volum. Lenge siden det har vært handlet over 200k aksjer i Canada:
QEC:CNToronto
Questerre Energy CorpCOMPANY INFO
0.13CAD
+0.01+8.33%
Open
0.13
Prev Close
0.12
Volume
206,632
QEC:CNToronto
Questerre Energy CorpCOMPANY INFO
0.13CAD
+0.01+8.33%
Open
0.13
Prev Close
0.12
Volume
206,632
XL2016
25.11.2020 kl 23:49
3821
Ok, igjen oppklarende. Kun Sikring av finans, ikke en selvfølgelighet for mange i dagens marked.
Domus
25.11.2020 kl 23:45
3838
Så lenge Qec er innenfor rammene av sikkerhet, fornyes den hver gang. Mao ikke noe å vektlegge utover sikring av finanser. Deler av den er jo også brukt.
Redigert 25.11.2020 kl 23:46
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XL2016
25.11.2020 kl 23:42
3845
Det var oppklarende Domus - men må vel tolkes positivt at den fornyes?
Domus
25.11.2020 kl 23:40
3851
Denne kassakreditten dere nå plutselig snakker i positive ordlag om og som også ketchup er overrasket over, er jo ingen nyhet eller overraskelse.
Qec har jo hatt denne kreditten i flere år. Med jevne mellomrom er den oppe til fornyelse. Nå har den blitt fornyet slik den pleier.
Qec har jo hatt denne kreditten i flere år. Med jevne mellomrom er den oppe til fornyelse. Nå har den blitt fornyet slik den pleier.
XL2016
25.11.2020 kl 23:31
3872
Hva vet vi?
- AEQ og Questerre sier de har teknologien klar. En håndfull selskaper og Québec kan med det produsere verdens reneste gass. Null utslipp, null kjemikalier. Les AEQ linker og siste oppdatering av Clean Tech Questerre.com
- Meningsmåling bekrefter sosial aksept i Becancour ( 53 prosent ) og Lotbiniere ( 63 prosent ) ref siste clean tech oppdatering.
Begge kommuner hvor Questerre og Utics R har store arealer. med gyldige letelisenser.
Rør systemer og planer ligger klar for pilot - 20 til 25 brønner.
I Becancour ligger industriparken, nå et mekka for forskningsprosjekter.
Og i lys av nylig tilført kassakreditt på ca 200 Mnok, i et svært anstrengt kredittmarked, og denne fra Questerre i januar - er det kanskje noe i emningen?
Canada: Questerre closes acquisition of Quebec assets
22 Jan 2020
Photo - see caption
Questerre Energy has received all approvals and has closed the acquisition of assets in Quebec pursuant to the purchase and sale agreement with a senior exploration and production company as set out in the Company’s press release dated March 7, 2019.
Michael Binnion, President and Chief Executive Officer of Questerre, commented:
'With the acquisition closed, we have regained control and operatorship of our giant natural gas discovery in the Lowlands. We are now well positioned to engage the Government and all stakeholders on our Clean Tech Energy project. This will allow us to follow through on our plans to share profits with local communities. We believe this will be essential to the social acceptability we need to move forward.'
Commenting on the Clean Tech Energy project, he added:
'Our goal to produce natural gas with zero emissions, zero freshwater usage and zero toxic chemicals below ground will be among the first of its kind worldwide. We believe this can be accomplished today by using new technologies and leveraging Quebec's hydropower advantage.'
Pursuant to the Agreement, Questerre has acquired the exploration rights to 753,000 net acres in Quebec, associated wells and equipment, geophysical data and other miscellaneous assets. Post-closing, Questerre holds the rights to approx. one million net acres covering a well-established gas resource. Based on an independent resource assessment prepared by GLJ Petroleum Consultants as of December 31, 2017 for the majority of this acreage where the Company holds a working interest, the best estimate of unrisked gross contingent and prospective resources was 3.9 Tcf and 21.3 Tcf respectively. The Company plans to update this assessment for the newly acquired acreage later this year.
Both parties have released each other from all claims related to outstanding litigation. For more information, please see the Company’s press releases dated June 4, 2018. Other consideration including cash and contingent payments and the security required for the assumption of abandonment and reclamation liabilities is approx. $11 million in aggregate prior to closing adjustments. The Company has posted letters of credit as security for the A&R Liabilities.
https://www.energy-pedia.com/news/canada/questerre-closes-acquisition-of-quebec-assets-178598
- AEQ og Questerre sier de har teknologien klar. En håndfull selskaper og Québec kan med det produsere verdens reneste gass. Null utslipp, null kjemikalier. Les AEQ linker og siste oppdatering av Clean Tech Questerre.com
- Meningsmåling bekrefter sosial aksept i Becancour ( 53 prosent ) og Lotbiniere ( 63 prosent ) ref siste clean tech oppdatering.
Begge kommuner hvor Questerre og Utics R har store arealer. med gyldige letelisenser.
Rør systemer og planer ligger klar for pilot - 20 til 25 brønner.
I Becancour ligger industriparken, nå et mekka for forskningsprosjekter.
Og i lys av nylig tilført kassakreditt på ca 200 Mnok, i et svært anstrengt kredittmarked, og denne fra Questerre i januar - er det kanskje noe i emningen?
Canada: Questerre closes acquisition of Quebec assets
22 Jan 2020
Photo - see caption
Questerre Energy has received all approvals and has closed the acquisition of assets in Quebec pursuant to the purchase and sale agreement with a senior exploration and production company as set out in the Company’s press release dated March 7, 2019.
Michael Binnion, President and Chief Executive Officer of Questerre, commented:
'With the acquisition closed, we have regained control and operatorship of our giant natural gas discovery in the Lowlands. We are now well positioned to engage the Government and all stakeholders on our Clean Tech Energy project. This will allow us to follow through on our plans to share profits with local communities. We believe this will be essential to the social acceptability we need to move forward.'
Commenting on the Clean Tech Energy project, he added:
'Our goal to produce natural gas with zero emissions, zero freshwater usage and zero toxic chemicals below ground will be among the first of its kind worldwide. We believe this can be accomplished today by using new technologies and leveraging Quebec's hydropower advantage.'
Pursuant to the Agreement, Questerre has acquired the exploration rights to 753,000 net acres in Quebec, associated wells and equipment, geophysical data and other miscellaneous assets. Post-closing, Questerre holds the rights to approx. one million net acres covering a well-established gas resource. Based on an independent resource assessment prepared by GLJ Petroleum Consultants as of December 31, 2017 for the majority of this acreage where the Company holds a working interest, the best estimate of unrisked gross contingent and prospective resources was 3.9 Tcf and 21.3 Tcf respectively. The Company plans to update this assessment for the newly acquired acreage later this year.
Both parties have released each other from all claims related to outstanding litigation. For more information, please see the Company’s press releases dated June 4, 2018. Other consideration including cash and contingent payments and the security required for the assumption of abandonment and reclamation liabilities is approx. $11 million in aggregate prior to closing adjustments. The Company has posted letters of credit as security for the A&R Liabilities.
https://www.energy-pedia.com/news/canada/questerre-closes-acquisition-of-quebec-assets-178598
Redigert 25.11.2020 kl 23:35
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Neppe heller pilot. Pilot er et nonkommersielt og vitenskapelig forskningsprosjekt så fremt det blir godkjent av Miljødepartementet.
Redigert 26.11.2020 kl 06:30
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Vikingen
25.11.2020 kl 21:20
4147
Normalt vil en bank have noget sikkerhed for st stille en kredit....
Kigger man på QEC og deres historie, så kan man godt spekulere lidt over hvordan de har fået den kredit.
Hvordan har Binnion solgt den til Banken?
Kigger man på QEC og deres historie, så kan man godt spekulere lidt over hvordan de har fået den kredit.
Hvordan har Binnion solgt den til Banken?
Det er jo ikke første gang Qec har fått kreditt. For eksempel for noen år tilbake fikk Qec kassakreditt på oppjusterte ressurser og holdt likevel etterpå en emisjon som kom overraskende. Binnions forklaring den gangen var at kassakreditten var en økonmisk trygghet som lå i bunn for selskapets drift, og at emisjonspengene skulle investeres i verdiskapning for aksjonærene uten at jeg spesifikt husker hva det innebærte, men produksjonsøking var ganske sikkert et nøkkelord den gangen som alltid ellers. Nå det er sagt, skal jeg villig innrømme at nåværende kassakreditt kom overraskende på meg dagens situasjon tatt i betraktning.
Redigert 25.11.2020 kl 22:57
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XL2016
25.11.2020 kl 19:05
4364
Mitt inntrykk er at det er et bredt og tett samarbeid mellom alle selskapene i AEQ. Her virker det som markedet mangler informasjon. Tidligere emisjon, nå kreditt - hvordan kom den på plass? Tradisjon tro burde det vel vært en emisjon?
Om AEQ
Energy Association samler arrangører, selskaper, investorer, leverandører og servicesektoren fra Quebec, Canada og resten av verden som er interessert i å utvikle naturressurser i Quebec. Det er to grunnleggende prinsipper som AEQ-medlemsbedrifter overholder. Sosial aksept er viktig for ethvert naturressursprosjekt, og de deler fordelene med lokalsamfunn. Dens medlemmer tilbyr også ny teknologi for å redusere miljøavtrykket, og i noen tilfeller redusere prosjektutslipp til null eller nær null.
.......
Står 100 prosent bak Questerre, og klar til å gripe inn om nødvendig?
Mars 2020
AEQ sier at det beklager at "mennesker med lite kunnskap om bransjen gjør sine synspunkter kjent uten å kunne svare. Mange i Quebec snakker om naturgass. Imidlertid er det ingen eksperter her, fordi det ikke er noen industri og ingen lokal produksjon, ”skriver Mr. Tetrault og legger til at AEQ vil gripe inn når det er behov for det. anser det nødvendig.
https://www.journalexpress.ca/2020/03/11/lettre-de-questerre-lassociation-de-lenergie-du-quebec-reagit/
Om AEQ
Energy Association samler arrangører, selskaper, investorer, leverandører og servicesektoren fra Quebec, Canada og resten av verden som er interessert i å utvikle naturressurser i Quebec. Det er to grunnleggende prinsipper som AEQ-medlemsbedrifter overholder. Sosial aksept er viktig for ethvert naturressursprosjekt, og de deler fordelene med lokalsamfunn. Dens medlemmer tilbyr også ny teknologi for å redusere miljøavtrykket, og i noen tilfeller redusere prosjektutslipp til null eller nær null.
.......
Står 100 prosent bak Questerre, og klar til å gripe inn om nødvendig?
Mars 2020
AEQ sier at det beklager at "mennesker med lite kunnskap om bransjen gjør sine synspunkter kjent uten å kunne svare. Mange i Quebec snakker om naturgass. Imidlertid er det ingen eksperter her, fordi det ikke er noen industri og ingen lokal produksjon, ”skriver Mr. Tetrault og legger til at AEQ vil gripe inn når det er behov for det. anser det nødvendig.
https://www.journalexpress.ca/2020/03/11/lettre-de-questerre-lassociation-de-lenergie-du-quebec-reagit/
Redigert 25.11.2020 kl 19:53
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Qec følger ikke oljen, de har jo nesten ingen produksjon ! Sist oljen var så høy som nå så var Qec over 1,50 og da sier det seg selv at oljeprisen har lite å si... når olja går ned, da følger den oljeprisen ....
Vikingen
25.11.2020 kl 13:28
4618
Jeg ved godt det er en gentagelse fra i går - men folk må ikke forvente at QEC stiger pga. olien stiger.
Prøv at kigge på omsætningen - den er næsten ikke eksisterende - og det er selvom olien stiger og stiger.
Vi skal have noget nyt fra QEC - gerne snart.
Prøv at kigge på omsætningen - den er næsten ikke eksisterende - og det er selvom olien stiger og stiger.
Vi skal have noget nyt fra QEC - gerne snart.
Når Binnion IKKE har søkt, har han tillatelse eller ikke tillatelse?
Gratulerer med en frapperende mangel på logikk.
Gratulerer med en frapperende mangel på logikk.
Redigert 25.11.2020 kl 11:15
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ps, der så du njn og Domus konfirmerte PU atter engang i en løgn og svada uttalelser.
ja de er ikke bare litt syke men VELDIG SYKE!!!! ha en fin dag, tror dette her blir meget bra etterhvert :-)
Jeg mener vi må ha bare lukket qec innlegg slik at de kan ikke skrive løgnene sine der. Selvfølgelig jeg har også blokkert dem , men det er irriterende å se dem der med rød blokk på. Hvis de er ikke short da er de veldig syke.
uptrade
25.11.2020 kl 09:34
4957
Oljen har doblet seg siden bunnen, mens QEC lusker med 28% , så det burde snart komme en rekyl.
Hadde vært koselig å ringe julen inn med gløgg i koppen, ribbe i ovnen, juletreet pyntet og qec over krona.
Hadde vært koselig å ringe julen inn med gløgg i koppen, ribbe i ovnen, juletreet pyntet og qec over krona.
Domus
25.11.2020 kl 09:21
5011
Ketchup, dette er hva du selv skrev :
En demonstrasjon. Som Binnion ikke har fått tillatelse til å kjøre enda så mye han har forsøkt. Ganske enkelt fordi Quebecs myndigheter ikke er interessert.
...
Hvis han ikke har søkt...hvordan kan han da ha forsøkt??
Du prøvde deg med nok en løgn og vrir deg nå som en slange for å unngå det ubehagelige - nemlig å bli tatt i enda en løgn!
Det er nok nå.
En demonstrasjon. Som Binnion ikke har fått tillatelse til å kjøre enda så mye han har forsøkt. Ganske enkelt fordi Quebecs myndigheter ikke er interessert.
...
Hvis han ikke har søkt...hvordan kan han da ha forsøkt??
Du prøvde deg med nok en løgn og vrir deg nå som en slange for å unngå det ubehagelige - nemlig å bli tatt i enda en løgn!
Det er nok nå.
Når Binnion IKKE har søkt, har han tillatelse eller ikke tillatelse?
Må gratulere både deg og D med en frapperende mangel på logikk.
Må gratulere både deg og D med en frapperende mangel på logikk.
Redigert 25.11.2020 kl 11:10
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