Energy trusts: Goin' to the chapel, and we're... 12/09/2007
The scramble to exchange marriage vows among Canadian income trusts carries a high cost these days - more than C$32 billion in market value over the past two months. Enerplus Resources Fund and Focus...

Trusts heed analyst's advice 11/11/2007
Penn West, Canetic create North America's largest conventional trust, eye on global growth; CEOs spurn 'rocking chair'
The future of Canada's energy income trusts was given shape on Oct. 31, the exact anniversary of the federal government's Halloween bombshell that blew the sector apart. It was resounding confirmation...

Canada's trusts, juniors in a bind 06/24/2007
Pending final legislation on their tax status, Canada's income trusts struggling to attract investment; fallout impacting smaller firms
Income trusts are stuck in a holding pattern in Canada, with a spillover to the junior sector. Pending final legislation on their tax status, trusts are both struggling to attract investment and attem...

Alberta government wins one, loses one 05/13/2007
Hope of new taxes from value-added processing, refining of oil sands bitumen takes hit when Husky buys Ohio plant; Total saves day
The Alberta government's hopes of prospering from the value-added processing and refining of oil sands bitumen took another, not unexpected dent, when Husky Energy opted to buy the Ohio refinery of Va...

The bigger they are ... 04/01/2007
Major oil sands players jittery about impact of tax, environmental changes, but Oilsands Quest, Enerplus Resources Fund and Value Creation take bold strides
On the mega-scale, these are uneasy times for Alberta's oil sands operators. At the minnow end, there is no sign of dwindling ambitions. For the large companies, on edge as they await the Canadian gov...

Energy trusts insist fight 'not over' 12/31/2006
Going directly to investors in a C$10 million campaign, coalition of energy trusts is entering federal election arena
Canadian Finance Minister Jim Flaherty issued an "end of story" declaration Nov. 18. Energy trust executives retaliated with a vow to continue their fight, gambling C$10 million that they can yet win...

Oil sands barrel overflows 11/19/2006
Mined output soars, Devon and Total caught in price grip, natural gas consumption a worry, nuclear power gets a political lift
Sifting through the latest grains from the oil sands seldom fails to yield a mix of the good, the bad, the ugly and the fascinating. The last couple of weeks have produced the following: ...

Pleading for second chance 11/12/2006
Canadian energy trusts want reprieve from federal tax plan; cite wealth, jobs created
Canada's energy trusts are trying to transform themselves into an irresistible force as they tackle what is posing as an immovable object in an effort to convince the federal government to take a seco...

Oil patch remake looms 11/05/2006
Canadian government breaks election pledge by slapping tax on trust payouts
The future of Canada's energy income trusts is in disarray amid a bloodletting on the Toronto Stock Exchange after the federal government broke a key January election campaign promise and imposed a ta...

Total takeover trial 09/10/2006
Total's Deer Creek Energy deal headed for court; New York activist investor says C$1.67 billion acquisition not 'fair value
Whether or not France's Total got a steal of a deal when it scooped up oil sands minor Deer Creek Energy last year is headed for court in Alberta. New York-based activist investor Paulson and Co. is all...

Situation normal - upheaval rules 08/13/2006
Total shuffles Joslyn completion; Imperial looks for cost-cutting; Suncor tight-lipped about costs; Enbridge Chinese deal slowed
Even for the topsy-turvy world of the Alberta oil sands the last couple of weeks have been enough to make heads spin as companies wrestled with the timing of mega-projects, clammed up on the costs of...

Return to northern pastures 07/02/2006
MandA activity, possible trust consolidation makes Canada fertile U.S. investor ground
Investment dealer Lehman Brothers has tipped its hand. UBS Securities and Citigroup are laying their bets. It's all based partly or largely on the widely anticipated consolidation of Canada's oil pa...

Total's oil sands plans face slowdown 05/21/2006
France's Total may have struck some potholes on its way to a goal of producing 500,000 barrels per day from the Alberta oil sands. Enerplus Resources Fund, its 15 percent partner in the Joslyn projec...

Canada is no place for bargain hunters 04/09/2006
Review says income trusts and oil sands have elevated Canadian asset values; aggressive state-owned firms are an emerging factor
Those who fancy an upstream slice of Canada's hydrocarbon action need access to the money tree. At a time when corporate and assets deals around the world are racing to unimagined heights, propelled...

Talisman hears the call of oil sands 03/12/2006
Chief Executive Officer Jim Buckee expects decision this year on way to monetize oil sands 25,000 acres of sands leases
Call it the latter-day conversion of Jim Buckee. The chief executive officer of Talisman Energy, who is not known for caving in to pressure of any kind, is apparently on the verge of giving up a decad...

Record year for Canadian OandG financings 02/26/2006
Equity and energy trust financings propelled Canadian oil and gas industry financings to a record C$16.4 billion in 2005, edging out the previous high of C$15.9 billion in 2004, according to Sayer Ene...

Energy trusts on brink of merger wave 12/11/2005
Viking Energy Royalty Trust and Harvest Energy Trust gave weight to those who believe Canada's income trust sector is entering a "go big, or go home" era. Already carrying a fair degree of individual...