Saskatchewan

Magnum Hunter Resources Corp. unit Triad Hunter LLC has agreed to buy all of privately-held Viking International Resources Co. Inc. (Virco) for $106.7 million, picking up 51,500 net Appalachian Basin mineral acres in West Virginia and Ohio.

Dry natural gas drilling in North America’s onshore, once a big calling for Houston-based Apache Corp., is off the to-do list until pricing improves, but with 60 rigs running in the U.S. onshore today — 58 targeting liquids targets — “we’ve got a very active drilling program going on right now, the most active we’ve been in some time in North America,” said CEO G. Steven Farris.

A nonprofit economic and public policy research firm is warning policymakers in Western Canada that shale gas development in British Columbia (BC) and oilsands development in northern Alberta are “stress points” that could negatively impact water quality and supplies if not properly regulated.

Aux Sable Liquid Products LP unit Sable NGL LLC is buying the Stanley Condensate Recovery Plant and Prairie Rose Pipeline from a unit of EOG Resources Inc., the company said Friday.

Strong production gains from its existing leases in Alberta and Saskatchewan will pump up Calgary-based Enterra Energy Corp.’s third quarter earnings 300% over a year ago, the company said Thursday.

Northern Border Partners LP showed a 43% increase in third quarter net income to $29.1 million or $0.65 per unit after several pipeline and processing acquisitions this year, including Midwestern Gas Transmission and gathering assets in the Powder River Basin. Cash flow increased 23% to $82.1 million.

Northern Border Partners LP showed a 43% increase in third quarter net income to $29.1 million or $0.65 per unit after several pipeline and processing acquisitions this year, including Midwestern Gas Transmission and gathering assets in the Powder River Basin. Cash flow increased 23% to $82.1 million.

BP Canada late Tuesday extinguished the fire on the remaining well at its Fort Saskatchewan plant by setting a plug downhole in the well to isolate the cavern that stores ethane at the natural gas liquids (NGL) facility. The plant fire started following an explosion Aug. 26, which caused two wells to catch fire (see Daily GPI, Sept. 4). BP said it was sending emergency crews home and would bring in a recovery team to return operations to normal. The BP team now will focus on what caused the incident and will bring all pipeline systems and operations up by the end of the week. Most of the systems affected by the fire are now fully or partially operational, BP said, with the Peace and AEGS systems operating at 100%; Co-Ed running at 80%; and Cochin operating at 50% volumes.

A natural gas plant in Fort Saskatchewan owned by BP Canada, which had about 160,000 cubic meters of ethane gas in it, exploded early Sunday morning sending a gas plume into the sky that could be seen several miles away. Four workers at the site at the time of the accident were safely evacuated, and an investigation has begun on the cause.