Tag Archives: Peace River

Taxpayer-funded video game draws heat over depiction of pipeline bombings

A video game funded by taxpayers has ignited controversy in Canada for its depiction of pipeline bombings, CTVNews.ca reports.

The online game, “Pipe Trouble,” was released by TV Ontario, the public broadcaster in the province.

According to CTV News, TVO spent about $100,000 on the game and a companion documentary, titled “Trouble in the Peace,” which addresses local opposition to pipelines and the bombing of pipelines in Peace River, British Columbia.

The object of the game, according to the report, is to build a profitable pipeline without environmental dangers or angering local farmers.

Critics charge the game depicts eco-terrorism and that it is a tasteless depiction of the issues at the heart of the pipeline controversy.

CTV News reports that beginning in 2008, a series of explosions targeting Encana pipelines rocked northern British Columbia. Activist Wiebo Ludwig, previously convicted in oil patch bombings in Alberta, was arrested, but never charged. He died last year.

Mike Bernier, the mayor of Dawson Creek, said that the incident should not be treated lightly.

“It wasn’t a laughing matter and to have somebody really try to take away from the devastating experience that we had by putting it into a video game — it’s just absolutely disturbing,” Bernier told the station.

TVO said the game does not take sides in the debate over pipelines, and denies the game is a statement on the controversial Keystone XL pipeline. Neither the game nor the documentary mentions Keystone.

The proposed Keystone XL pipeline would ship crude from Canada to refineries in Texas; it is facing major opposition from environmentalists who do want to see the line constructed.

Click for the full story from CTVNews.ca

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Source: FULL ARTICLE at Fox World News

Octagon 88 – Bluesky/Gething Drilling Program Has Reached Target Depth of 500 Metres

By Business Wirevia The Motley Fool

Filed under:

Octagon 88 – Bluesky/Gething Drilling Program Has Reached Target Depth of 500 Metres

CALGARY, Canada–(BUSINESS WIRE)– Octagon 88 Resources, Inc. (OCTX) is pleased to announce the drilling operations of the first well announced March 11, 2013 has successfully reached a total depth of 500 meters – the coring operations have now begun.

Coring Rig Reaches Target Depth of 500 meters in Bluesky/Gething Well (Photo: Business Wire)

The first of the 3 wells is located in the Manning area of the Peace River block of north-western Alberta. Octagon 88 and partners are targeting the Bluesky/Gething zone, an area known to be a consistent producer of conventional Heavy Oil by companies like Shell, Murphy, Baytex and Pennwest.

The cores will be tested in designated laboratories to confirm the properties of the sands, oil and cap rock, establishing the Bluesky/Gething well through laboratory analysis.

Thereafter extensive simulations are carried out for the best economic recovery rates with the different types of development appropriate to each of the projects.



About:


Octagon 88 Resources

In 2012 / 2013 Octagon 88 Resources, Inc. has acquired substantial light and conventional heavy oil assets in Northern Alberta. The acquired projects have been substantially de-risked which leads the company to emerge as a development stage oil and gas company as of January 22, 2013. The company’s intention is to grow shareholder value through mergers and acquisitions opportunities available to the company.

The current program schedule entails working with the operator of these properties to bring on production and cash flow through the company’s direct working interests, and indirect investments spread throughout the projects.

Forward-looking Statements:

This press release contains forward-looking statements concerning future events and the Companies’ growth and …read more
Source: FULL ARTICLE at DailyFinance

Octagon 88 Resources & Partners Announce The Bluesky/Gething Well Has Been Successfully Spudded

By Business Wirevia The Motley Fool

Filed under:

Octagon 88 Resources & Partners Announce The Bluesky/Gething Well Has Been Successfully Spudded

CALGARY, Alberta–(BUSINESS WIRE)– Octagon 88 Resources Inc (OCTX) and CEC North Star Energy Ltd are pleased to announce the coring rig has reached location and has spudded the first well. This well is the first licensed location of two locations recently receiving governmental approval as previously announced on March 5, 2013. The well is expected to reach the base of the Bluesky/Gething channel at approximately 500 meters from surface, and will take five days to touch down to its scheduled depth.

The first of the 3 wells is located in the Manning area of the Peace River block of north western Alberta, targeting the Bluesky/Gething zone; An area known to be a consistent producer of conventional Heavy Oil by companies like Shell, Murphy, Baytex and Pennwest. The well will be cored to the depth of 500 meters. The Company intends on having the cores tested in laboratories to confirm the properties of the sands, oil and cap rock and to thus establish via the laboratory work. Thereafter extensive simulations are carried out for the best economic recovery rates with the different types of development appropriate to each of the projects.



About:


Octagon 88 Resources

In 2012 / 2013 Octagon 88 Resources, Inc. has acquired substantial light and conventional heavy oil assets in Northern Alberta. The acquired projects have been substantially de-risked which leads the company to emerge as a development stage oil and gas company as of January 22, 2013. The company’s intention is to grow shareholder value through mergers and acquisitions opportunities available to the company. The current program schedule entails working with the operator of these properties to bring on production and cash flow through the company’s direct working interests, and indirect investments spread throughout the projects.

Octagon 88 Resources is the largest publicly trading shareholder of CEC North Star Ltd. with a 33% ownership.

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Source: FULL ARTICLE at DailyFinance

Octagon 88 Resources and CEC North Star License Applications Approved and Lease Construction for Dri

By Business Wirevia The Motley Fool

Filed under:

Octagon 88 Resources and CEC North Star License Applications Approved and Lease Construction for Drilling Underway

CALGARY, Canada–(BUSINESS WIRE)– Octagon 88 Resources Inc. (OCTX) and CEC North Star Energy LTD are pleased to announce the first 2 of 3 drilling locations have received all government permits required to commence drilling operations. Accordingly, lease construction is underway with planned spudding of the first well based on rig availability.

The first of the 3 wells is located in the Manning area of the Peace River block of north western Alberta, targeting the Bluesky Gething zone; An area known to be a consistent producer of conventional Heavy Oil by companies like Shell, Murphy, Baytex and Pennwest. The well will be cored to the depth of about 500 meters. The Company intends on having the cores tested in laboratories to confirm the properties of the sands, oil and cap rock and to thus establish via the laboratory work. Thereafter extensive simulations are carried out for the best economic recovery rates with the different types of development appropriate to each of the projects.



About:


Octagon 88 Resources

In 2012 / 2013 Octagon 88 Resources, Inc. acquired substantial light and conventional heavy oil assets in Northern Alberta. The acquired projects have been substantially de-risked which leads the company to emerge as a development stage oil and gas company as of January 22, 2013. The company’s intention is to grow shareholder value through mergers and acquisitions opportunities available to the company. The current program schedule entails working with the operator of these properties to bring on production and cash flow through the company’s direct working interests, and indirect investments spread throughout the projects.


CEC North Star

CEC North Star Energy Ltd is a non-public Calgary based Energy …read more
Source: FULL ARTICLE at DailyFinance