Indigenous voices raised at Edmonton climate strike –

Edmonton’s climate strike on Friday, October 18, was the largest protest in the city in recent history. Over 10,000 people took to the streets, marching through downtown demanding action on climate change.

The day started with a march. March organizers asked Indigenous community members to lead the march to acknowledge the work they have done to advocate for air, land and water, and for their rights to take back their stolen land for decades. People of colour were also called to the front of the march — in fact, anyone who wasn’t Indigenous or a person of colour was asked to move to the back. Even Greta Thunberg herself was not front and centre. The 16-year-old Swedish climate activist was almost inconspicuous as she marched near the back of the line along with other young participants.

Just a few weeks before, on September 27, approximately 4,000 people took part in a climate strike which was also an incredible number of people for a protest in Edmonton. Thunberg’s presence drew many more people out, but climate action is proving to be a subject that is mobilizing young people en masse.

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Williams Receives FERC Approval for Southeastern Trail Expansion Project to Serve Growing Demand for Natural Gas in Mid-Atlantic and Southeastern U.S.

TULSA, Okla.-Williams (NYSE: WMB) today reported that the Federal Energy Regulatory Commission (FERC) has issued a certificate of public convenience and necessity authorizing the Southeastern Trail expansion project designed to serve Transco pipeline markets in the Mid-Atlantic and Southeastern U.S. in time for the 2020/2021 winter heating season.

The Southeastern Trail expansion project will provide 296,375 dekatherms per day of additional firm transportation capacity to utility and local distribution companies located in Virginia, North Carolina, South Carolina and Georgia. Once complete, the project will help meet growing clean energy demands in the Southeast, as well as provide access to new sources of clean domestic natural gas supply, helping push out of the energy mix less environmentally friendly sources of fuel, while enhancing system reliability.

“Southeastern Trail is a critical project that will work to bring key supplies from interconnects in the Mid-Atlantic region to growing demand centers in the Southeastern U.S.,” said Micheal Dunn, chief operating officer of Williams. “This vital project, along with additional expansion opportunities under development, will link low-cost supply to key customers in high-growth markets and continues the expansion of southbound capacity on the Transco pipeline system. Construction of this project along Transco’s existing corridor results in significantly less impact to the environment and landowners and more economical transportation rates for our customers than other greenfield projects serving these same markets.”

The Southeastern Trail expansion project will consist of approximately 7.7 miles of 42-inch pipeline looping facilities in Virginia, horsepower additions at existing compressor stations in Virginia, and piping and valve modifications on other existing facilities in South Carolina, Georgia, and Louisiana to allow for bi-directional flow. Once complete, the project will result in a net reduction of air emissions as legacy facilities are modified with state-of-the-art horsepower technology.

Customers served by the project are PSNC Energy, South Carolina Electric & Gas, Virginia Natural Gas, the City of Buford, Georgia, and the City of LaGrange, Georgia.

Following the receipt of all necessary regulatory approvals, Williams anticipates beginning construction on the Southeastern Trail expansion project in the fall of 2019 with a target in-service commitment of November 2020.

The Southeastern Trail project is Williams’ third Transco project to be approved by FERC in the last ten months. With this expansion, the Transco pipeline’s system-design capacity is expected to increase to 17.5 million dekatherms per day from its current 17.2 million dekatherms per day mark. Combined with other expansion projects under construction or in various levels of permitting, Williams expects the Transco pipeline’s system-design capacity to top 18 million dekatherms per day in time for the 2020/2021 winter heating season.

Transco is the nation’s largest-volume interstate natural gas pipeline system. It delivers natural gas to customers through its approximately 10,000-mile pipeline network whose mainline extends nearly 1,800 miles between South Texas and New York City. The system is a major provider of cost-effective natural gas services that reach U.S. markets in 12 Southeast and Atlantic Seaboard states, including major metropolitan areas in New York, New Jersey and Pennsylvania.

About Williams

Williams (NYSE: WMB) is a premier provider of large-scale infrastructure connecting U.S. natural gas and natural gas products to growing demand for cleaner fuel and feedstocks. Headquartered in Tulsa, Oklahoma, Williams is an industry-leading, investment grade C-Corp with operations across the natural gas value chain including gathering, processing, interstate transportation and storage of natural gas and natural gas liquids. With major positions in top U.S. supply basins, Williams owns and operates more than 30,000 miles of pipelines system wide – including Transco, the nation’s largest volume and fastest growing pipeline – providing natural gas for clean-power generation, heating and industrial use. Williams’ operations handle approximately 30% of U.S. natural gas.

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Christopher Stockton
(713) 215-2010

Brett Krieg
(918) 573-4614

Grace Scott
(918) 573-1092


Pieridae Energy Closes the Acquisition of Shell Canada’s Foothills Assets: 28,634 BOE/d and Midstream Assets, including Three Deep-Cut Gas Plants


  • Acquisition immediately accretive to the Company
  • Acquired majority of the gas needed to supply Train 1 at Goldboro LNG facility
  • Further progress made toward Goldboro LNG final investment decision
  • Pieridae remains committed to working respectfully with area communities and Treaty 7 Nations

CALGARY, ALBERTA – October 17, 2019 – Pieridae Energy Limited (“Pieridae” or the “Company”) (TSXV: PEA) is pleased to announce that it has closed its acquisition of all of Shell Canada Energy’s (“Shell”) midstream and upstream assets in the southern Alberta Foothills (the “Assets”) for $190 million (the “Acquisition”) in accordance with the terms of the amended and restated purchase and sale agreement dated October 7, 2019 (the “PSA”). All references to dollars ($) are to Canadian currency.

Further to the $10 million deposit paid at signing the PSA, on closing, Pieridae paid to Shell $165 million of the purchase price of the Acquisition in cash (net of adjustments) which Pieridae funded through the issuance of term debt and equity (as further described below). Pieridae satisfied the balance of the purchase price of $15 million by the issuance to Shell of 15.2 million common shares of the Company having an aggregate value of $15 million determined in accordance with the PSA.

“We are very pleased to close this transformational acquisition as it secures the majority of the natural gas needed, once developed, to supply the first train at our Goldboro LNG facility for at least twenty years,” said Pieridae’s Chief Executive Officer, Alfred Sorensen. “We will now complete our negotiations with Kellogg Brown & Root Limited for a fixed price contract to construct the Goldboro LNG facility so that we can then proceed to complete the project financing and final equity raise and make a final investment decision.”

With the Acquisition, Pieridae now has an extensive drilling inventory encompassing multiple dry gas and liquids-rich gas reservoirs within the Foothills area. The Company has engaged professionals, many of whom are transitioning from Shell, who have strong experience managing the four major processing facilities and associated midstream assets. Together with existing Foothills drilling and development experience within the Company, Pieridae is well positioned to leverage the US$1.5 billion of the government-backed guarantees for conventional gas supply development which the German government approved in principle. This amount is in addition to the US$3.0 billion of government-backed guarantees for the construction of the Goldboro LNG facility which the German government has also approved in principle. Certain aspects of the asset retirement obligation with respect to the Jumping Pound and Waterton gas plants remain with Shell.

“There are additional opportunities to develop our liquids-rich areas, process the sour gas, strip out the liquids, store the dry gas and then further develop our dry gas resources down the road,” concluded Sorensen.

In addition to implementation of certain cost savings initiatives, Pieridae anticipates taking full advantage of the gas plant processing capabilities and other associated upstream services developed by Shell.

Moving forward, Pieridae is committed to working with the communities surrounding its newly acquired assets, including continuing to build trust with the Treaty 7 Nations through respectful engagement and collaboration.

Description of Assets Acquired

In the first six months of 2019, the Assets produced approximately 28,634 barrels of oil equivalent per day (“BOE/d”) consisting of approximately 119 million cubic feet per day (“MMcf/d”) of natural gas, 5,656 barrels per day (“bbl/d”) of natural gas liquids (“NGL”) and 3,163 bbl/d of condensate and light oil. Pieridae also acquired three deep cut, sour gas processing plants (Jumping Pound, Caroline and Waterton), with a combined capacity of approximately 750 MMcf/d (currently operating with 420 MMcf/d of spare capacity), a 14% working interest in the Shantz sulphur forming plant, and approximately 1,700 kilometres of pipelines.

Acquisition Highlights and Rationale

The Assets align well with Pieridae’s existing Central Alberta properties, providing further consolidation of the productive Alberta and British Columbia conventional Foothills natural gas pools. It is expected that synergies will be realized within the acquired Assets area, where consolidation of working interests in production and midstream assets complement Pieridae’s existing core areas. The Assets consist of long life, low decline production, in the range of 10%, with approximately 31% liquids and sulphur yields.

The Assets’ proved developed producing reserves on a barrel of oil equivalent basis make up 70% of total reserve bookings, while undeveloped reserves are only 6% of the total reserve base, based on independent third-party engineering reports prepared by Deloitte LLP and GLJ Petroleum Consultants, the details of which were previously disclosed by the Corporation on June 26, 2019.

Equity Private Placement

On October 11, 2019, Pieridae announced that it had closed the first tranche of its brokered private placement of subscription receipts (the ‘Brokered Offering”) for gross proceeds of $12.8 million and a non-brokered private placement of subscription receipts (the “Non-Brokered Offering”) for gross proceeds of $0.6 million. The second and last tranche of the Brokered Offering closed concurrently with the closing of the Acquisition, with Pieridae issuing 23,255,813 common shares to Erikson National Energy Inc., a portfolio company of Third Eye Capital Corporation, at a price of $0.86 per common share for gross proceeds of $20.0 million. Haywood Securities Inc. acted as sole agent with respect to the Brokered Offering.

The closing of the Brokered Offering and the Non-Brokered Offering, together with the issuance of the common shares to Shell described above, fulfilled the equity commitment associated with the debt financing.

With the close of the Acquisition, each subscription receipt issued under the Subscription Receipt Offering is automatically exchanged on a one-to-one basis for common shares of Pieridae.

Pieridae used net proceeds of the Brokered Offering and the Non-Brokered Offering towards the Acquisition purchase price and for working capital purposes. The securities issued as part of the Brokered Offering and Non-Brokered Offering are subject to a statutory four-month hold period from the applicable closing date and applicable U.S. resale restrictions. The securities have not been registered under the U.S. Securities Act of 1933 (the “Act”), as amended, and may not be offered or sold in the United States unless registered under the Act or unless an exemption from registration is available.

Haywood Securities Inc. acted as financial advisor to Pieridae for the Acquisition.

Conversion of AIMCo Secured Convertible Debenture

As previously disclosed, Alberta Investment Management Corporation (“AIMCo”), on behalf of certain of its clients, subscribed for a secured convertible debenture of the Corporation for an aggregate principal amount of $10 million. The principal amount of the Debenture plus all interest accrued thereon was converted into common shares of the Corporation at a deemed priced of $0.86 per common share.

Term Loan Financing

In conjunction with the Acquisition, Pieridae is pleased to announce it has executed a Credit Agreement (the “Credit Agreement”) with Third Eye Capital Corporation, as agent on behalf of certain lenders (collectively, “TEC” or the “Agent”) providing for a senior secured non-revolving term loan facility in the aggregate amount of $206 million (the “Term Loan”).

The Term Loan bears interest at a fixed rate of 12% per annum from the date of issue, accrued daily and payable quarterly in cash. Additional interest of 3% per annum is payable quarterly in cash, or at the option of the Company and subject to the Agent’s approval, payable in kind by way of accruing to the principal outstanding. Quarterly prepayments of principal will be made by the Company using excess cash flow as defined by the Credit Agreement after consideration of amounts required for the development of the Goldboro LNG facility, with any remaining principal becoming due when the Term Loan matures on October 16, 2023, subject to acceleration by TEC on certain events of default and the Company’s right to repay without penalty under certain circumstances.

Pieridae will be using or has used the net proceeds of the Term Loan to: (i) partially fund the purchase price payable for the Acquisition, (ii) repay its current outstanding debt to AIMCo pursuant to the term loan entered into with AIMCo on December 20, 2018 (the “AIMCo Term Loan”), (iii) fund letters of credit required for existing and purchased assets and, (iv) satisfy all fees and expenses associated with the Term Loan and Acquisition.

The Term Loan is secured by, among other things (i) a first priority security interest in all of the present and future real and personal property of the Company and related credit parties (including the Assets) and, (ii) blocked account agreements covering the bank accounts of the Company and related credit parties.

Issuance of Shares for Debt

In connection with the repayment of the Corporation’s current outstanding debt to AIMCo, the Corporation also issued 4,624,561 shares to AIMCo to satisfy the interest due and payable on the AIMCo Term Loan. All debt obligations to AIMCo have now been satisfied in full.

Issuance of Stock Options

In addition, the Corporation announces that the Board of Directors has approved the grant of an aggregate of 1,115,000 stock options to its officers and employees to purchase 1,115,000 common shares of the Company. These options will be granted on October 21, 2019 and priced at the closing price of the Pieridae common shares on October 18, 2019 in accordance with Pieridae’s stock option plan – number two. These options will expire on October 21, 2024.

About Pieridae

Founded in 2011, Pieridae, a majority Canadian owned corporation based in Calgary, is focused on the development of integrated energy-related activities, from the exploration and extraction of natural gas to the development, construction and operation of the Goldboro LNG facility and the production of LNG for sale to Europe and other markets. Pieridae is on the leading edge of the re-integration of the LNG value chain in North America. After completion of all the transactions disclosed in this news release, Pieridae has 157,459,584 common shares issued and outstanding which trade on the TSX Venture Exchange (PEA).

Reserves Data

Statements relating to “reserves” are deemed to be forward looking statements, as they involve the implied assessment, based on certain estimates and assumptions, that the reserves described exist in the quantities predicted or estimated and that the reserves can be profitably produced in the future. There are numerous uncertainties inherent in estimating quantities of crude oil, natural gas and NGL reserves and the future cash flows attributed to such reserves. The reserve and associated cash flow information set forth above are estimates only. In general, estimates of economically recoverable crude oil, natural gas and NGL reserves and the future net cash flows therefrom are based upon a number of variable factors and assumptions, such as historical production from the properties, production rates, ultimate reserve recovery, timing and amount of capital expenditures, marketability of oil and natural gas, royalty rates, the assumed effects of regulation by governmental agencies and future operating costs, all of which may vary materially. For these reasons, estimates of the economically recoverable crude oil, NGL and natural gas reserves attributable to any particular group of properties, classification of such reserves based on risk of recovery and estimates of future net revenues associated with reserves prepared by different engineers, or by the same engineers at different times, may vary. Pieridae’s and the Assets’ actual production, revenues, taxes and development and operating expenditures with respect to their respective reserves will vary from estimates thereof and such variations could be material.

For further information please contact:

Alfred Sorensen, Chief Executive Officer
Telephone: (403) 261-5900

James Millar, Director, External Relations
Telephone: (403) 261-5900


Civeo Announces Third Quarter 2019 Earnings Conference Call

HOUSTON & CALGARY, Alberta—-Oct. 16, 2019– Civeo Corporation (NYSE:CVEO) announced today that it has scheduled its third quarter 2019 earnings conference call for Friday, October 25, at 10:00 a.m. Central Time (11:00 a.m. Eastern Time). During the call, Civeo will discuss financial and operating results for the quarter, which will be released before the market opens on Friday, October 25, 2019.

By Phone:

Dial 800-239-9838 inside the U.S. or 323-794-2551 internationally and ask for the Civeo call at least 10 minutes prior to the start time.

A replay will be available through November 1 by dialing 844-512-2921 inside the U.S. or 412-317-6671 internationally and using the conference ID 7512562#.

By Webcast:

Connect to the webcast via the Events and Presentations page of Civeo’s Investor Relations website at

Please log in at least 10 minutes in advance to register and download any necessary software.

A webcast replay will be available after the call.


Civeo Corporation is a leading provider of hospitality services with prominent market positions in the Canadian oil sands and the Australian natural resource regions. Civeo offers comprehensive solutions for lodging hundreds or thousands of workers with its long-term and temporary accommodations and provides food services, housekeeping, facility management, laundry, water and wastewater treatment, power generation, communications systems, security and logistics services. Civeo currently operates a total of 33 lodges and villages in operation in Canada, Australia and the U.S., with an aggregate of approximately 33,000 rooms. Civeo is publicly traded under the symbol CVEO on the New York Stock Exchange. For more information, please visit Civeo’s website at

Frank C. Steininger
Civeo Corporation
Executive Vice President & Chief Financial Officer

Jeffrey Spittel
FTI Consulting


Alberta’s best receive province’s highest honour

Eight remarkable Albertans are being recognized and celebrated with investiture into the Alberta Order of Excellence at Government House.

“The Alberta Order of Excellence members for 2019 are innovators and trailblazers who have spent their lives and careers working to lead positive change for people in Alberta, across Canada and around the globe. I thank them for their outstanding service and for inspiring us all to share our best with the world.”

Lt.-Gov. Lois E. Mitchell

“These women and men are further proof that Alberta’s greatest resource is its people. Our province is proud to count them as Albertans, and we sincerely thank and congratulate them for setting a strong example of what can be achieved through hard work, dedication, and public service.”

Jason Kenney, Premier

This year marks the 40th anniversary of the Alberta Order of Excellence Act, which established the Order. It is the province’s highest honour a citizen can receive and is an official part of the Canadian Honours System. This year’s inductees bring the total membership of the Alberta Order of Excellence to 181.

The new Alberta Order of Excellence members are:

    • Robert Burrell (Sherwood Park) – leading innovator in nanotechnology, revolutionizing burn and wound care with   ActicoatTM dressings.
    • Bonnie DuPont (Calgary) – business leader who led the way for women in industry across Canada, while instilling social responsibility and sound governance.
    • Katie Ohe (Springbank) – renowned legend in Canadian art world; one of Alberta’s first conceptual sculptors.
    • Ron Sakamoto (Lethbridge) – award-winning music promoter and philanthropist.
    • Beckie Scott (Canmore) – Canada’s most decorated cross-country ski racer and an ambassador for fair play in sports.
    • Malcolm Sissons (Medicine Hat) – business and community leader with a commitment to preserving local heritage.
    • Muriel Stanley Venne (Edmonton) – champion of human rights and social justice for Indigenous women, founder of the Institute for the Advancement of Aboriginal Women.
    • Frances Wright (Calgary) – ambassador of grassroots social justice and nation-building, co-founder of Famous 5 Foundation and advocate for a more inclusive version of O Canada.

For detailed biographies, photos and videos of the new members and information on how to submit a nomination, please visit

Related information

Alberta Order of Excellence

Media inquiries

Andrew Sims
Chair, The Alberta Order of Excellence
Ian Roddick
Communications Advisor, Government of Alberta


U of Lethbridge: Former Prime Minister, the Right Honourable Paul Martin, to be given honorary degree at Fall 2019 Convocation

The University of Lethbridge is proud to celebrate the nation-building contributions of Canada’s 21st prime minister, the Right Honourable Paul Martin, by presenting him with an honorary degree at the Fall 2019 Convocation ceremony.

A key figure in helping to erase Canada’s deficit in the late 1990s while serving as minister of finance, Martin’s term as prime minister was marked by a dedication to ensuring the health and welfare of all Canadians, with a distinct focus on improving the lives of First Nations peoples across the country.

“Mr. Martin has long been a strong advocate for eliminating the gaps between Indigenous and non-Indigenous Canadians in the areas of health, education, housing and economic opportunity,” says U of L Chancellor Charles Weaselhead. “His work since leaving office has largely been focused on the Martin Family Initiative and its support of Indigenous communities across the nation. We’re extremely pleased to honour his vision of a strong, inclusive nation for all Canadians.”

The University will present Martin with an honorary doctor of laws, honoris causa, at the Fall 2019 Convocation ceremony at 10 a.m. on Saturday, Oct. 19, 2019 in the 1st Choice Savings Centre gymnasium.

Paul Martin

As Canada’s 21st prime minister, the Right Honourable Paul Martin made immeasurable contributions to the prosperity of our country and advanced the international reputation of Canada. His legacy continues with his foundation, The Martin Family Initiative, which stewards programs to empower Indigenous children and youth with the education and health care they need to succeed.

Martin had a distinguished career in the private sector before entering public life in 1988 as the member of Parliament for LaSalle-Émard in Montreal, QC, eventually serving as minister of finance (1993-2002) and prime minister of Canada (2003-2006).

As minister of finance, Martin is credited with erasing Canada’s deficit and recorded five consecutive budget surpluses while paying down the national debt.

As prime minister, Martin set in place a 10-year, $41-billion plan to improve health care and reduce wait times, and signed agreements with the provinces and territories to establish the first national early learning and child care program. He also brokered the Kelowna Accord, achieving consensus between the federal government and Canada’s provinces and territories, as well as First Nations, Métis Nation and Inuit leaders to end the gaps between Indigenous and non-Indigenous Canadians in the areas of health, education, housing and economic opportunity.

Since leaving office, Martin and his family founded the Martin Family Initiative (MFI). It’s guiding premise is that Indigenous communities and schools should be given the necessary tools required to provide their children and youth with every opportunity possible.

Martin is respected for his reasonable, common-sense approach to finance and his commitment to ensuring the health and welfare of all Canadians. In 2001, he was appointed as a Companion to the Order of Canada.


Black Swan Energy Celebrates Opening of Nig Creek Gas Processing Facility

CALGARY, Oct. 16, 2019 – Black Swan Energy Ltd. (“Black Swan”) is pleased to announce the official opening of its Nig Creek Gas Processing Facility located in northeast British Columbia. Today the company hosted a celebration at the plant which was attended by the Chief of the Blueberry River First Nations, Marvin Yahey, Mayor of Fort St. John and 2019 Canadian Energy Person of the Year, Lori Ackerman and Liberal MLA for Peace River North, Dan Davies. Following a tour of the state-of-the-art facility Elder May Apsassin offered a blessing, which highlighted the importance of actively engaging with our First Nations partners.

The 100 MMcf/d Nig Creek facility will deliver natural gas to pipelines flowing to diverse North American markets, and the associated propane production will largely be exported to premium Far East markets. Construction and design of this facility incorporated numerous green initiatives including the installation of waste heat recovery which lowers emissions by 10,000 tonnes annually. Operationally, a liquids pipeline is being constructed to reduce trucking, contributing to a further annual reduction of 1,500 tonnes of CO2 equivalent. This plant is expandable, with the potential to add over 80 MMcf/d of incremental raw processing; emissions efficiencies improve further when full capacity is reached.

Well sites flowing into the plant have been designed to minimize environmental impacts by incorporating solar panels which contribute to greenhouse gas reductions of about 600 tonnes per year per wellsite.

When benchmarked to our regional Montney peers the overall impact of our environmental efforts results in a greenhouse gas intensity of approximately 50% less than the area average for other major facilities. Black Swan is working everyday to demonstrate what a leaner, greener and cleaner future looks like for Canadian energy.

With the Nig Creek plant onstream Black Swan’s production is on target to achieve exit 2019 guidance of 40,000 to 42,000 boe/d, having already achieved a daily record rate of 42,600 boe/d on October 3, 2019.

As a further gesture of support for the community, Black Swan presented a contribution to the Blueberry River First Nation to assist in upgrading of community infrastructure, with specific projects identified for clean water and roads. David Maddison, President & CEO, commented that Black Swan is committed to building and maintaining sustainable and long-term working relationships with the Indigenous people who have traditional lands where we operate.

Black Swan is a private-equity backed company headquartered in Calgary, Alberta. For additional details relating to production and development activities please refer to Black Swan’s most recent corporate presentation which is available at

For further information: David Maddison, President and Chief Executive Officer, or Christine Ezinga, VP Strategy and Planning, Black Swan Energy Ltd., Telephone: (403) 930-4400, Email:, Website:


Ethan Bear fitting in well on Edmonton Oilers blue line – Edmonton Sun

The Edmonton Oilers always believed Ethan Bear would become a solid NHL defenceman and so far this season, he’s proving them right.

Heading into the game against the Philadelphia Flyers on Wednesday, Bear had solidified a spot on the blue line, creating a solid partnership with Darnell Nurse.

Bear, 22, is averaging almost 20 minutes a night through the first three weeks of the season and appears set to stay after spending the past three seasons in the AHL with the Bakersfield Condors. He scored his first goal of the season against the Flyers, snapping a shot past goaltender Carter Hart in the first period.

“I like the way he’s played, he’s played some heavy minutes for us,” said Oilers head coach Dave Tippett. “He’s played in a lot of different situations, he moves the puck well and doing it with the mindset of defending. He knows he’s playing against good players every night and has to do a lot of things right. He’s been really steady.”

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TC Energy to issue third quarter results November 1

CALGARY, Alberta, Oct. 15, 2019 — News Release — TC Energy Corporation (TSX, NYSE: TRP) (TC Energy) will hold a teleconference and webcast on Friday, November 1, 2019 to discuss its third quarter 2019 financial results which will be released pre-market.

Russ Girling, TC Energy President and Chief Executive Officer, Don Marchand, Executive Vice-President and Chief Financial Officer, and members of the executive leadership team will discuss TC Energy’s third quarter financial results and company developments at 9:00 a.m. (MDT) / 11:00 a.m. (EDT).

Members of the investment community and other interested parties are invited to participate by calling 800.478.9326 or 416.340.2218 (Toronto area). Please dial in 10 minutes prior to the start of the call. No pass code is required. A live webcast of the teleconference will be available on TC Energy’s website at or via the following URL:

A replay of the teleconference will be available two hours after the conclusion of the call until midnight (EST) on November 8, 2019. Please call 800.408.3053 or 905.694.9451 (Toronto area) and enter pass code 8633180#.

TC Energy and its affiliates deliver the energy millions of people rely on every day to power their lives and fuel industry. Focused on what we do and how we do it, we are guided by core values of safety, responsibility, collaboration and integrity. Our more than 7,000 people are committed to sustainably developing and operating pipeline, power generation and energy storage facilities across Canada, the United States and Mexico. TC Energy’s common shares trade on the Toronto (TSX) and New York (NYSE) stock exchanges under the symbol TRP. Visit and connect with us on social media to learn more.

Media Enquiries:
Jaimie Harding / Hejdi Carlsen
403.920.7859 or 800.608.7859

Investor & Analyst Enquiries:
David Moneta / Duane Alexander
403.920.7911 or 800.361.6522


Suncor Energy increases its participation in Enerkem, strengthening their existing relationship

MONTREAL and CALGARY, Alberta, Oct. 15, 2019 — Enerkem Inc., a world-leading waste-to-biofuels and chemicals producer, today announced the closing of a $50 million equity investment from Suncor. As Canada’s leading integrated energy company, Suncor first participated in the ownership of Enerkem in April 2019 as part of a $76.3 million equity financing alongside Enerkem’s existing shareholders. With this new investment, Suncor becomes a significant, strategic shareholder of Enerkem.

In addition to its equity interest, Suncor also provides technical resources to support the operations of the Enerkem Alberta Biofuels (EAB) plant located in Edmonton, Alta. EAB is the first commercial-scale plant in the world to turn non-recyclable, non-compostable mixed municipal solid waste into cellulosic ethanol, a popular biofuel.

“Through this additional investment, the confidence Suncor is showing us sends a clear signal that they strongly support and believe in the Enerkem technology, confirming our leadership in the advanced biofuels market,” said Dominique Boies, chief executive officer and chief financial officer, Enerkem. “We are pleased to partner with a leading Canadian player in the energy industry and to benefit not only from their financial support but also from their profound operational, technical and engineering expertise.”

“This investment complements Suncor’s existing biofuels business, demonstrates our commitment to deliver low-carbon fuels to Canadian drivers and is another tangible example of the work we’re doing to help lower emissions and transform the energy system,” said Mark Little, president and chief executive officer, Suncor. “Together with other investments in clean technology, our relationship with Enerkem helps position Suncor to be a leader in the developing low-carbon economy.”

About Enerkem

Enerkem produces advanced biofuels and renewable chemicals from waste. Its disruptive proprietary technology converts non-recyclable, non-compostable municipal solid waste into methanol, ethanol and other widely-used chemicals. Headquartered in Montreal (QC), Canada, Enerkem operates a full-scale commercial facility in Alberta as well as an innovation centre in Quebec. Enerkem’s facilities are built as prefabricated systems based on the company’s modular manufacturing infrastructure that can be deployed globally. Enerkem’s technology is a prime example of how a true circular economy can be achieved by diversifying the energy mix and by making everyday products greener while offering a smart, sustainable alternative to landfilling and incineration.

About Suncor

Suncor is an integrated energy company headquartered in Calgary, Alberta, Canada. We are strategically focused on developing one of the world’s largest petroleum resource basins – Canada’s Athabasca oil sands. In addition, we explore for, acquire, develop, produce and market crude oil in Canada and internationally; we transport and refine crude oil, and we market petroleum and petrochemical products primarily in Canada. We also operate a renewable energy business and conduct energy trading activities focused principally on the marketing and trading of crude oil, natural gas, byproducts, refined products, and power. A member of Dow Jones Sustainability indexes, FTSE4Good and CDP, Suncor is working to responsibly develop petroleum resources while also growing a renewable energy portfolio. Suncor is listed on the UN Global Compact 100 stock index. Suncor’s common shares (symbol: SU) are listed on the Toronto and New York stock exchanges.

For more information about Suncor, visit our web site at, follow us on Twitter @Suncor or

Enerkem media inquiries
+1 514-375-7800

Suncor media inquiries
+1 833-296-4570

Suncor investor inquiries
+1 800-558-9071


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