Mineral claims boost Calgary firm over Voisey Bay
Absolut Resources Corp. which owns about 204000 acres in Labrador's Voisey Bay region saw its shares rise to 6.25 dollars on the Alberta Stock Exchange after trading over 1.25 million shares. The company reported airborne test results from four of 17 claims showing iron-oxide staining and expects a geophysical survey in mid June with a summer field program starting in July.
MENTIONED IN THIS ARTICLE
Calgary Herak
Calgary
Voisey Bay
Labrador
Absolut Resources Corp
Absolut
Alberta Stock Exchange
First Marathon Securities Ltd
Green Line Investor Services Inc
Amoco to invest $100 million in Alberta heavy oil
Amoco Canada Petroleum of Calgary will invest $100 million this year to expand heavy oil output in northeast Alberta at Wolf Lake and Primrose, aiming to raise daily production from 7,500 to 55,000 barrels by 1998. The plan could grow to $500 million depending on royalty terms and oil prices.
MENTIONED IN THIS ARTICLE
Alan Boras
Calgary Herald
Amoco Canada Petroleum Ltd
Calgary
Alberta
Amoco Canada
Dave Newman
Amoco
Wolf Lake
Primrose
Edmonton
Vince Rodych
U.S
Midwest
West Texas
Whiting
Ind
Rodych
Imperial Oil Ltd
Cold Lake
Imperial
Bell seeks per minute charges for local and long distance calls
Bell Canada asks the federal regulator to shift to per minute billing for local calls, arguing costs would fall or stay the same for 70 percent of customers. Critics warn higher costs and volatile local pricing, while Bell cites overestimated usage and expects a $35 monthly access charge plus 1.5 to 5.5 cents per local minute in Ontario and Quebec.
MENTIONED IN THIS ARTICLE
Southam News
Ottawa
Bell Canada
Bell
Canada
Ajax
Ian Angus
Bernard Courtois
Canadian Radio-television and Telecommunications Commission
Ontario
Quebec
Bell Canada Eyes Per Minute Local Charge for Businesses
Bell Canada proposes charging business customers by the minute for local service, potentially raising bills and adding admin costs. The plan awaits CRTC approval and is not aimed at residential customers, though skeptics fear it could extend to households. Regulatory experts warn against broadening the plan, citing strong consumer opposition to free local calling. Courtois notes uncertainty about which business types would be affected.
MENTIONED IN THIS ARTICLE
Bell Canada
Crtc Courtois
Angus
Bell
Philippa Lawson
Public Interest Advocacy Centre
Courtois
Fletcher Challenge buys Talisman Saskatchewan fields
Fletcher Challenge Petroleum of Calgary confirms purchase of Saskatchewan properties from Talisman Energy. The deal includes a revenue sharing agreement, property swaps and 156 million dollars cash before Sept sale date adjustment. About 1 600 wells, 64 million cubic feet daily in 1994.
MENTIONED IN THIS ARTICLE
Calgary
Fletcher Challenge Petroleum Inc
Saskatchewan
Talisman Energy Inc
Talisman
Also Mentioned on This Page
AGT
AGT Ltd
Northern Telecom
SLU
Aletotss
Alberta Natural Gas Co
American Biorganics Inc
Niagara Falls
N.Y
Alberta Natural Gas
Angus Chemical Co
Europe
ABI
Life Sciences
Wayne Lunt
ANG
Vancouver
B.C
Widman
World Wood Review
New Zealand
Chile
Russell Taylor
British Columbia
Taylor
Kelowna
Free Trade
John Marritt
Interior Lumber Manufacturers
Redcliff
Public Serv Suliding
S.W
R. Giesbrecht
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