Pine Cliff Eyes Large Southeast Alberta Gas Expansion
Pine Cliff Energy plans a major expansion of shallow gas holdings in southeast Alberta. The firm may pay about 100 million for land from a senior producer, signaling potential Nexen exit. Chairman George C. Fink says regional assets and stabilized prices justify the move as leadership reviews inventory and targets spending to boost mature wells.
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Leaders call for credible probe into Ukraine jet crash
World leaders pressed for immediate unfettered access for independent investigators at the Malaysia Airlines Flight 17 crash site in eastern Ukraine. The U.S. blamed pro-Russia rebels and suggested possible Russian technical involvement as fighting raged near Rozsypne and Hrabove with dozens of casualties and OSCE officials arriving to assist.
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