South Korea backs Arctic 12/26/2010
State-run Korea Gas Corp. has made a C$30 million bet on the future of Arctic energy by acquiring a minority share of a Significant Discovery License on the Mackenzie Delta from MGM Energy, the smalle...

Mac approved - sort of 12/26/2010
Mackenzie pipeline regulatory phase winds down; still a long road for project
Canada's federal energy regulator has approved the Mackenzie Valley natural gas project in a decision that is viewed as more of a signpost to the long road ahead than a truly significant milestone. No...

MGM kills Arctic gas drilling program 09/20/2009
Area's only recent explorer blames Mackenzie line delay; might shoot seismic this winter in central Mackenzie Valley, oil the target
On May 5, MGM Energy said it was, at best, paring down its natural gas exploration program in Canada's Northwest Territories or, at worst, canceling it altogether. On Sept. 14, the Calgary junior said...

MGM defers Arctic programs 05/10/2009
MGM Energy, the last active explorer in Canada's Mackenzie Delta, has vented its feelings about the drawn-out regulatory phase of the Mackenzie Gas Project in the most telling way. The Calgary-based j...

Gloom over Mackenzie line 05/10/2009
Kvisle: project 'may well not proceed,' partly because of gas drilling in Alaska
Faltering progress through the regulatory thicket that has entangled the Mackenzie Gas Project is generating a grim message from Hal Kvisle, chief executive officer of TransCanada. Frustrated by the d...

MGM to test four plays 09/21/2008
Drilling could tap 400 Bcf of potential gas reserves in NW Mackenzie region
Arctic explorer MGM Energy said it plans to test four distinct play types for natural gas during the upcoming winter drilling program in the northwestern region of the Mackenzie Delta. The plan is sub...

TC reaching for control 12/16/2007
TransCanada puts itself in forefront of deal to assume lead role in Mac gas line
TransCanada has declared it is ready, willing and able to take over as builder, part-owner and operator of a Mackenzie Valley gas pipeline, if ever regulatory approval is granted. To that extent, spec...

Arctic junior plans three Mac wildcats 08/12/2007
MGM Energy is planning an even bolder step into Canada's northern spotlight this winter, with a program of three exploration wells costing an estimated C$60 million and seismic work. As part of its fa...

MGM has grand northern plans 05/20/2007
Startup acquires EnCana's Mackenzie/Arctic assets, leads Central Mackenzie bidding; Riddell wants NWT gas flowing by mid-2012
Clay Riddell could be the one to stir the oil and gas giants of Canada's North into action. For sure, he isn't about to sit back and let events take their own course. And his right-hand man, Henry Syk...

Meyers: Room for the feds 04/22/2007
ConocoPhillips' Canada chief: Government stake in Mac gas line not show-stopper
Take your pick. It could be one small step, or one giant leap. Whatever the interpretation, Kevin Meyers, president of ConocoPhillips Canada, gave the broadest hint yet that not all partners in the Ma...

EnCana readies Arctic, African sales 10/29/2006
EnCana expects to add "several hundred million dollars" to its war chest either later this year or early in 2007 from the sale of the latest batch of non-core assets it has put on the block - natural...

Changes afoot in Arctic 10/01/2006
Anadarko, EnCana pull out of Canada's Arctic, but good news on Mac gas line
EnCana has put its array of northern Canadian holdings on the block, Anadarko is looking for buyers for its Mackenzie Delta and other Arctic assets, Devon Canada has backed away from drilling in Canad...

Explorers lose Mackenzie test case; Petro-Canada hikes Arctic offer - again 07/16/2006
Faced with increasingly bleak natural gas exploration prospects, Canada's Mackenzie Delta and Beaufort Sea has seen its troubles compounded by a National Energy Board ruling that could give independen...

Beaufort beckons; majors bid C$52 million 05/14/2006
EnCana partnership acquires offshore exploration license adjacent to Richard's Island wells; Shell Canada dips into offshore
Regardless of uncertainties surrounding the Mackenzie Gas Project, which holds the key to getting any gas out of the Mackenzie Delta-Beaufort Sea, Canada's northern exploration prospects are attractin...

Mac wells 'significant' 03/19/2006
EnCana, Anadarko, Conoco partnership applies for discovery status at Umiak
An EnCana-led partnership has given the strongest hint yet that exploration drilling on the Mackenzie Delta over the past two winters may have hit pay dirt. Along with Anadarko Canada and ConocoPhilli...

EnCana groomed for gas future 02/27/2005
Sitting on a pile of unconventional resources, Canadian independent expects to take advantage of the continued slide in North American conventional gas production before arrival of more LNG and Arctic gas
Sitting on a mountain of proved reserves, unbooked resource potential and vast land holdings, EnCana is confident it is ready to take advantage of a continued slide in North American conventional gas...

Drilling the Delta 01/09/2005
Chevron/BP, EnCana-led partnership spuds two exploratory wells on Mackenzie Delta; regulators OK third well; hunting for supplies to fill pipeline
Two exploratory gas wells of special interest to the Mackenzie Gas Project are now being drilled on the Mackenzie Delta, helped by an early freezeup in the area, and a third is on the schedule for the...

Chevron out of the gate 12/05/2004
Ready to spud winter's first Mackenzie Delta/Beaufort Sea well before Christmas; season likely to see about a dozen wells in Northwest Territories
An earlier-than-usual Mackenzie Delta/Beaufort Sea freeze-up has put the final piece in place that allows a Chevron Canada Resources-BP Canada Energy partnership to lead off this winter's program in C...

EnCana plans more Mackenzie Delta gas drilling this winter 08/08/2004
Hopes of additional gas reserves in the Mackenzie Delta have been raised by word from EnCana of encouraging results from its first exploration well in the region earlier this year. Randy Eresman, chi...

Wins, losses in Canada for U.S. units 05/16/2004
Canadian subsidiaries of U.S. EandP companies logged a mixed bag of small production gains and losses in the first quarter over a year earlier, but most seemed committed to active programs over the rest...