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Last C$44.13 CAD
Change Today +1.15 / 2.68%
Volume 4.2M
As of 4:00 PM 02/12/16 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

3000 Fifth Avenue Place

425 - 1st Street S.W.

Calgary, AB T2P 3L8


Phone: 403-231-3900

Fax: 403-231-3920

ted project would provide capacity of 490,000 bpd of diluted bitumen to be transported for the proposed Fort Hills Partners’ oil sands project (Fort Hills Project) in northeastern Alberta and Suncor Partnership’s oil sands production in the Athabasca region. Norlite Pipeline System The company is undertaking the development of Norlite, a new industry diluent pipeline originating from Edmonton to meet the needs of multiple producers in the Athabasca oil sands region. The scope of the project was increased to a 24-inch diameter pipeline, which would provide an initial capacity of approximately 224,000 bpd of diluent, with the potential to be further expanded to approximately 400,000 bpd of capacity with the addition of pump stations. Norlite would involve the construction of a new 449-kilometre (278-mile) pipeline from the company’s Stonefell Terminal to its Cheecham Terminal with an extension to Suncor Partnership’s East Tank Farm, which is adjacent to its existing Athabasca Terminal. Under an agreement with Keyera Corp. (Keyera), Norlite has the right to access certain existing capacity on Keyera’s pipelines between Edmonton and Stonefell, and in exchange, Keyera has elected to participate in the new pipeline infrastructure project as a 30% non-operating owner. Canadian Line 3 Replacement Program In 2014, the company and EEP jointly announced that shipper support was received for investment in the L3R Program. The Canadian portion of the Line 3 Replacement Program (Canadian L3R Program) would complement existing integrity programs by replacing approximately 1,084-kilometres (673-miles) of the remaining line segments of the existing Line 3 pipeline between Hardisty, Alberta and Gretna, Manitoba. Northern Gateway Project Northern Gateway involves constructing a twin 1,177-kilometre (731-mile) pipeline system from near Edmonton, Alberta to a new marine terminal in Kitimat, British Columbia. One pipeline would transport crude oil for export from the Edmonton area to Kitimat and is proposed to be a 36-inch diameter line with an initial capacity of 525,000 bpd. The other pipeline would be used to transport imported condensate from Kitimat to the Edmonton area and is proposed to be a 20-inch diameter line with an initial capacity of 193,000 bpd. Gas Distribution – New Projects GTA Project EGD would undertake the expansion of its natural gas distribution system in the GTA to meet the demands of growth and to continue the delivery of natural gas to current and future customers. The GTA project would involve the construction of two new segments of pipeline, a 27-kilometre (17-mile), 42-inch diameter pipeline and a 23-kilometre (14-mile), 36-inch diameter pipeline in Toronto, Ontario, as well as related facilities to upgrade the existing distribution system that delivers natural gas to various municipalities in Ontario. Gas Pipelines, Processing and Energy Services – New Projects Pipestone and Sexsmith Project The company owns from EnCana Corporation (EnCana) Pipestone and Sexsmith, which consist of certain sour gas gathering and compression facilities in the Peace River Arch region of northwest Alberta. Construction of new gathering lines and NGL handling facilities was completed in June 2014. The company also retains a right to work with EnCana on facility scoping for development of additional major midstream facilities in the liquids-rich Peace River Arch region. Blackspring Ridge Wind Project The company secured a 50% interest in the development of the 300-MW Blackspring Ridge wind project, located 50-kilometres (31-miles) north of Lethbridge, Alberta in Vulcan County. The project was constructed under a fixed price engineering, procurement and construction contract and commercial operations commenced in May 2014. Magic Valley and Wildcat Wind Farms In 2014, the company purchased 80% interest in a wind farm portfolio, which included the 203-MW Magic Valley 1 wind farm located near Harligen, Texas; and the 202-MW Wildcat 1 wind farm near Elwood, Indiana. Keechi Wind Project In 2014, the company announced it had entered into an agreement with Renewable Energy Systems America


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