- Published on Friday, 10 October 2014 09:31
- Written by Pat Kolafa | © DrumhellerMail.com
Encana announced a deal with Ember Resources on Wednesday that will see much of its Clearwater assets sold, however the Drumheller Encana office will continue on.
On Wednesday morning Encana made an announcement that it would be selling the bulk of its Clearwater Business Unit Assets to Ember Recourses.
While Drumheller is firmly in Clearwater’s footprint, it looks as if Encana’s Drumheller office will remain intact.
The deal is worth $605 million Canadian, and includes 6,800 producing wells spread over 1.2 million net acres. These wells produced about 180 million cubic feet equivalent per day (mmcfe/d) on average through the second quarter.
“This divestiture continues to advance our strategy. We are unlocking additional value from non-core dry gas assets as we focus on liquids rich growth areas. Our growth portfolio now includes the top two resource plays in Canada, the Montney and the Duvernay, and the top two resource plays in the United States, the Eagle Ford and, by year-end, the Permian Basin,” says Doug Suttles, Encana president and CEO. “Through this transaction, Ember is acquiring a high-quality asset along with a tremendously talented team.”
In the announcement, it was noted that Encana is to retina about 1.1 million net acres in Clearwater, including 480,000 net acres along the eastern Edge of the Horseshoe Canyon Fairway.
Luigi Vescarelli, community relations advisor for Encana, based in Drumheller explains that Drumheller falls within this retained area.
“The small strip that we are keeping is what will keep the Drumheller office open,” said Vescarelli.
He explains the area is part of the Encana’s joint venture with Toyota Tsusho announced in the spring of 2012. This is the asset they have retained.
“Encana will continue to operate those existing wells,” he said.
The heart of this area is in the Standard, Rockyford area. The Encana office in Strathmore and Pine Lake will likely become Ember Resources offices.
“It is planned that some of our staff will be moving with the assets, Ember wants to take most the field staff on from what I understand,” said Vescarelli.
Encana plans to retain offices in Ponoka, Drumheller and Ghost Pine.
According to a release, Ember, together with its shareholder Brookfield Capital Partners, has recently, through several acquisitions, consolidated a significant land and production base in the Horseshoe Canyon CBM fairway in Alberta. With this acquisition, Ember will own interests in 2.2 million net acres of lands, with combined gross production of 290 mmcfe/d of natural gas. Coalbed methane production is characterized as a low-cost, long-life natural gas resource.
“This acquisition establishes Ember as the leading producer of coalbed methane in Canada,” says Doug Dafoe, Ember President & CEO. “This is an exciting time for our company and we look forward to working with the talented team that has made Encana successful in this area for so many years.”
Encana has remained a key contributor to the Drumheller community and has supported numerous community projects. Vescarelli said Encana would continue to contribute to the areas we operate in, and even more so where we are doing development in.
The deal is expected to be completed within the first quarter of 2015.
- Published on Thursday, 09 October 2014 20:57
- Written by Pat Kolafa | © DrumhellerMail.com
A Drumheller hockey official is rising through the ranks, and last week called his first major junior game.
Tyler Jensen, son of Tammy and Mike, has been working his way up the officiating ladder and last week, he acted as a lineman in the WHL in a Calgary Hitmen game versus the Lethbridge Hurricanes. This was at the Scotiabank Saddledome.
“It was an awesome experience,” Jensen told The Mail.
The game was a blow out as the home team won 9-2.
Jensen has been working hard to get to this point, he has been officiating since he was 14, starting at the minor hockey level and working his way up.
“The last few years it has been really quick,” he says.
In 2009, The Mail reported that at 19 he was refereeing Junior B and AAA Midget. Fast forward a couple years, he was right in the mix at AJHL games. At this level, he is refereeing.
In few years he hopes to be actually refereeing in the WHL, a step up from lining.
“Ultimately the dream is the big leagues, but it is a long way away still,” said Jensen.
Jensen is still involved heavily in officiating at the local level, and has built his career with Drumheller as a home base. He says there are still many opportunities to get involved in refereeing in Drumheller.
It is an opportunity to see the game at a different angle, get in shape, stay involved in the game and maybe earn some extra cash. He says there are still some clinics coming up that are nearby for those interested in getting involved.
- Published on Thursday, 09 October 2014 20:00
- Written by Michele Scott | © DrumhellerMail.com
he Shepherds took over Rumsey’s International Harvest dealership in 1936, and built this garage in Rumsey in 1945 to service the equipment. The garage is located on Rumsey’s main street.
The recently formed Rumsey-Rowley Historical Foundation is compiling stories to publish in the third edition of the Rumsey-Rowley history book.
“It’s been 32 years since we had a history book put out,” said Foundation president Dariel McNaughton.
The book published in 1982 was Rumsey Pioneer Days Book 2, with the original history book for the area having been published in 1967.
McNaughton said for the 1982 edition of the history book, the group was operating with no start-up funds and received loans and donations from community groups, businesses and individuals, to complete the book.
This time round, McNaughton notes the Historical Foundation has a sizeable fund to begin the work on the history book project, and that work will include submitting applications for any eligible grants funding.
The recent project started when the group called a meeting in May of this year for interested parties, then applied for a new historical society number.
The old number for Rumsey's Historical Society had lapsed in the 1990s after completion of the second history book.
Rumsey resident and Historical Foundation member Cindy Krywcun said it was a blow to the community when it lost its original train station and three grain elevators around the same time in the mid 1990s.
And just prior to that, the community school, for children in grades 1 to 8, closed down.
Krywcun said the loss of those pieces of Rumsey history was a tough blow, but since then, the close-knit community came to realize it is the residents that define and make up the community.
Community interest has grown in the recent book project, said McNaughton, adding “We’re gaining people all the time, which is pretty nice.”
The Rumsey and Rowley areas are also gaining people in another way - younger people are moving back to the family farms in the area, including McNaughton’s two sons.
McNaughton said a lot of the area’s adults were children when the second book was published, and now as adults, their own stories can be submitted for the new history book.
She adds the Foundation will choose a firm cut-off deadline in the near future.