Pengrowth Energy Corp. Licence No

Total Page:16

File Type:pdf, Size:1020Kb

Pengrowth Energy Corp. Licence No Investigation Summary Report 2014-022: Pengrowth Energy Corp. Licence No. P22822-048 April 2016 Investigation number: 2014-022 Responsible parties: Pengrowth Energy Corp., BA code A5R5 Field centre of origin: Slave Lake Incident location (nearest town): 09-08-094-03W5M, about 82 km NE of Red Earth Creek Contravention date: January 18, 2014 (reported date) Authorization numbers and relevant Licence no. P22822-048 legislation, regulations, and rules: ISR 2014-022 Alberta Energy Regulator Investigation Summary Report 2014-022; Pengrowth Energy Corp.; Licence No. P22822-048 April 2016 Published by Alberta Energy Regulator Suite 1000, 250 – 5 Street SW Calgary, Alberta T2P 0R4 Telephone: 403-297-8311 Inquiries (toll free): 1-855-297-8311 E-mail: [email protected] Website: www.aer.ca Alberta Energy Regulator Contents Summary of Facts ......................................................................................................................................... 1 Company Overview ................................................................................................................................ 1 Incident Overview ................................................................................................................................... 1 Investigation Findings ................................................................................................................................... 2 Failure Analysis ...................................................................................................................................... 2 Hot Oil/Water Flushing .................................................................................................................. 2 Pigging .......................................................................................................................................... 3 Leak Detection ........................................................................................................................................ 4 Reporting of the Pipeline Leak ............................................................................................................... 5 Environmental Impacts ........................................................................................................................... 5 Contraventions .............................................................................................................................................. 6 Contravention 1: Duty to Report a Release (EPEA, section 110(1)) ...................................................... 6 Contravention 2: Duty to Take Remedial Measures (EPEA, section 112(1))......................................... 6 Contravention 3: Loss or Damage to Public Land (PLA, section 54(1)(a.1)) ......................................... 6 Due Diligence ................................................................................................................................................ 7 Compliance History ....................................................................................................................................... 7 Conclusion and Recommended Counts ....................................................................................................... 7 Count 1 ................................................................................................................................................... 7 Count 2 ................................................................................................................................................... 8 Count 3 ................................................................................................................................................... 8 Investigation Summary Report 2014-022: Pengrowth Energy Corp.; Licence No. P22822-048 i Alberta Energy Regulator Summary of Facts Company Overview Pengrowth Energy Corporation (Pengrowth) is a Canadian oil and natural gas company based in Calgary, Alberta. Established in 1988, it is one of the largest of the Canadian royalty trusts, with a market capitalization of $2.4 billion in 2014. Its assets are approximately evenly distributed between oil and natural gas. The pipeline under investigation was licensed for multiphase liquids and was constructed in 1995 by Gulf Canada Resources and purchased by Conoco Canada in 1998. Pengrowth Energy Corporation bought the pipeline in January 2007 as part of a larger purchase of Conoco Canada’s Red Earth assets. Incident Overview On January 17, 2014, at 17:30 Mountain Daylight Time, a Pengrowth operator noted that no fluids were getting into the satellite battery at Legal Subdivision 1, Section 8, Township 94, Range 3, West of the Fifth Meridian, from the 09-08-094-03W5M well while trying to purge for a well test. The operator brought in a pressure truck nearby from Iron Eagle Hot Oiling Ltd. to pressure test the pipeline; however, at 19:05, Iron Eagle informed Pengrowth that the line maintained no pressure, indicating that the line had failed. Pengrowth shut in and isolated the pipeline, and activated its corporate emergency response plan. The pipeline is located at LSD 09-08-094-03W5M (09-08), about 82 kilometres northeast of Red Earth Creek. On January 18, 2014, at 13:02, the Alberta Energy Regulator’s (AER’s) Energy and Environmental Emergency Response Line received a report from Pengrowth that the pipeline failed and that about 30 cubic metres (m3), or 30 000 litres, of production fluids (emulsion) was released onto its pipeline right- of-way (ROW) and had flowed on top of an adjacent frozen slough. Pengrowth reported that the spilled emulsion on the frozen slough was contained. During the first few days of the response, it was determined that after travelling along the ROW, the released emulsion entered the slough via two ephemeral draws. The emulsion pooled on and off the ROW following surface contours and flowed both on and under the ice. The release may have caused an adverse effect to the environment and loss or damage to public land. On April 17, 2014, after reviewing its well pumping data and battery volume reports, Pengrowth revised the spill volume to 537.2 m3 and estimated that the pipeline failure actually occurred sometime on November 11, 2013. This was the day after the last successful well test and all well parameters were within acceptable range, indicating that there was not a problem with the well or the pump, but rather with Investigation Summary Report 2014-022: Pengrowth Energy Corp.; Licence No. P22822-048 1 Alberta Energy Regulator the pipeline. Pengrowth assumed that the most of the emulsion produced between November 11, 2013, and January 17, 2014, was released into the pipeline ROW and into the slough. Investigation Findings Failure Analysis The failed pipeline segment was excavated on February 18, 2014, and a 130-centimetre sample from the location where the pipeline failed was submitted to Skystone Engineering (Skystone) in Calgary for analysis. After reviewing Skystone’s failure analysis report, an AER subject matter expert concluded that several factors contributed to the pipeline rupture: 1 • During the initial construction, a field bend (also called “cold bend”) was introduced in the pipe at the location of the future failure. At this time, the pipe did not contain any kink. 0 • The operation conditions included hot flushes at 60 Celsius, which resulted in thermal expansion of the pipe. It was likely that the increasing temperature from ambient to 600C resulted in plastic deformation of the pipe at the inner curve of the bend and in the creation or deepening of the kink that contributed to the failure. Cooling from 600C to ambient temperature after hot flushes caused tensile stresses that initiated and propagated fatigue cracks. Due to the kink, cleaning pigs2 were getting hung up and required the use of hot flushes by pressure truck to push the pigs past the pipeline obstruction, which also created pressure variations within the pipeline. These repetitive tensile stresses during heating and cooling cycles initiated and propagated fatigue cracks. Skystone concluded, and the AER agrees, that the pipeline failure was caused by long-term cyclic thermal stress/fatigue due to hot flush practices done to clear the line of crystalized salt deposits and to push pigs. Hot Oil/Water Flushing Hot oil/water flushing involves pumping hot fluid into the pipeline system with a truck equipped with a pressure pump, holding tank, and boiler system. Hot oil/water flushing is considered a relatively normal procedure in the operation of production wells and pipeline systems. Due to pigs getting stuck in this line, operations staff made the decision to only send pigs down the line using pressure trucks providing hot oil/water flushes.3 These flushes would have had a twofold effect on the pipeline at an already stress-compromised interval: 1 A field or cold bend is typically done on smaller bore pipelines where terrain may cause the construction contractor to force-bend the pipeline around a corner while lowering the pipe into the trench. 2 A pig is a device used to perform various types of maintenance (e.g., clearing the pipeline of deposition or water) or to inspect the internal surface of a pipeline. 3 Normally a pig launcher is used to send a pig down a line. 2 Investigation Summary Report 2014-022: Pengrowth Energy Corp.; Licence No. P22822-048 Alberta Energy Regulator • The heat resulting from hot flushing operations would have caused the pipe to become more plastic
Recommended publications
  • Canadian M&A Perspectives
    Canadian M&A Perspectives Ryder Scott Canada – Annual Reserves Conference May 10, 2016 TECHNICAL PIONEER AND Scotia Waterous GLOBAL LEADER IN OIL AND GAS M&A AUSTRALIA BAHAMAS BRAZIL CANADA CHILE CHINA COLOMBIA DUBAI FRANCE HONG KONG INDIA IRELANDJAPAN KOREA MALAYSIAMEXICO PERU SINGAPORE TAIWAN THAILAND UNITED KINGDOM UNITED STATES Scotia Waterous Scotia Waterous is the leading technically-focused upstream investment banking and M&A advisory firm, with global offices in Houston, London, Calgary and Hong Kong • Unrivalled market intelligence from conducting ~50 M&A mandates per year globally London Calgary Houston Hong Kong Scotiabank Oil & Gas Offices 1 Canadian M&A Perspectives – Where are all the deals?? 1. Setting the Scene – Macro Environment 2. Canadian M&A Market Update 3. Outlook – 2016 and Beyond Appendix I. M&A&D Activity II. Comparable Valuation Analysis 2 Setting the Scene – Macro Environment Section 1 The Canadian Energy Environment Today “Loonie surges to nine-month high as commodity prices add on gains” April 20, 2016 “Oil jumps despite glut, hits 2016 peaks on weak dollar” April 28, 2016 “Forget Justin Trudeau, it’s oil that’s driving this loonie rally” April 28, 2016 “Premier Rachel Notley talks carbon tax” March 3, 2016 “How Hillary Clinton’s tone has shifted on fracking” April 14, 2016 “TransCanada Fights Keystone Denial With $15 Billion Appeal” January 6, 2016 “Oil and gas sector says investment will drop by $50B” April 7, 2016 “Alberta sets out details for new oil and gas royalty framework” April 21, 2016 4 Significant
    [Show full text]
  • Significant Energy Assets on the Market (SEAM) Database on IHS
    Significant Energy Assets on the Market (SEAM) Database on IHS Connect IHS Energy has launched a new database tool that actively tracks all known energy assets on the market and independently values them in a transparent manner utilizing more than 40,000 comparable transactions from IHS’s M&A database dating back to 1988. Assets on the Market database features include: • Searchable and exportable database covering all global and regional • Source documents including offering memos, prospectuses, and locations and all resource segments, detailing valuations and full press releases. operational data including reserves, production and acreage. • Full opportunity set currently totals approximately $250 billion • Contact information for sellers and advisors. Canada $25 B+ Europe $30 B+ Sellers Key Assets for Sale (or JV) Sellers Key Assets for Sale (or JV) Apache Corp. 1 million acres in Provost region of east-central Alberta Antrim Energy Skellig Block in Porcupine Basin Athabasca Oil Corp. 350,000 net prospective acres in Duvernay BNK Petroleum Joint venture partner sought for Polish shale gas play Canadian Oil Sands Rejects Suncor offer; reviewing strategic alternatives BP 16% stake in Culzean gas field in UK North Sea Centrica plc Offering 6,346 boe/d (86% gas) ConocoPhillips 24% stake in UK’s Clair oil field. Considering sale of Norwegian Cequence Energy Montney-focused E&P undergoing strategic review North Sea fields ConocoPhillips Western Canada gas properties Endeavour Int’l. Bankrupt; to sell Alba and Rochelle fields in the UK North
    [Show full text]
  • Advantage Energy Income Fund
    BAYTEX ENERGY TRUST RENEWAL ANNUAL INFORMATION FORM 2003 May 10, 2004 TABLE OF CONTENTS Page GLOSSARY OF TERMS...................................................................................................................................................................1 ABBREVIATIONS ............................................................................................................................................................................5 CONVERSION...................................................................................................................................................................................5 SPECIAL NOTE REGARDING FORWARD LOOKING STATEMENTS .....................................................................................6 BAYTEX ENERGY TRUST .............................................................................................................................................................7 GENERAL DEVELOPMENT OF THE BUSINESS.........................................................................................................................8 DESCRIPTION OF THE BUSINESS AND OPERATIONS.............................................................................................................9 ADDITIONAL INFORMATION RESPECTING BAYTEX ENERGY TRUST............................................................................29 ADDITIONAL INFORMATION RESPECTING BAYTEX ENERGY LTD.................................................................................35 BAYTEX SHARE
    [Show full text]
  • Asset Purchase Agreement
    ASSET PURCHASE AGREEMENT DATED AS OF MARCH 1, 2016 BETWEEN QUICKSILVER RESOURCES CANADA INC., AS SELLER, AND CPC RESOURCES ULC, AS BUYER WSLEGAL\039944\00088\13233136v1 TABLE OF CONTENTS ARTICLE I DEFINITIONS 1.1 Definitions....................................................................................................................... 1 1.2 Other Definitions and Interpretive Matters ................................................................... 19 ARTICLE II PURCHASE AND SALE 2.1 Purchase and Sale ......................................................................................................... 20 2.2 Assumed Liabilities ...................................................................................................... 20 2.3 Excluded Liabilities ...................................................................................................... 21 2.4 Licence Transfers .......................................................................................................... 22 2.5 Specific Conveyances ................................................................................................... 22 2.6 Further Assurances........................................................................................................ 24 ARTICLE III PURCHASE PRICE 3.1 Purchase Price ............................................................................................................... 25 3.2 Deposit .........................................................................................................................
    [Show full text]
  • Financial Post GEOFFREY MORGAN September 4, 2020
    Financial Post GEOFFREY MORGAN September 4, 2020 Endangered species: Canadian small oil and gas companies under pressure to merge or die (Financial Post) – Banks and creditors are running out of patience with a now six-year downturn in the Canadian oil industry. Small- and mid-sized oil and gas companies in Canada are going the way of the dodo bird. “The 20,000-barrel-per-day producer in Western Canada is an endangered species. We don’t see that changing for some time,” said Adam Waterous, CEO of the Waterous Energy Fund, which has been deploying private equity capital in recent years to buy up small oil companies, including the $750-million purchase of Pengrowth Energy Corp. in Nov. 2019. If the small oil producer is an endangered species, Waterous is the trophy hunter. In six transactions he has built a company now called Strathcona Resources Ltd. into one of the largest private-equity owned producers in North America with production of more than 60,000 bpd. Now, Strathcona is eyeing more underpriced assets in the Canadian oilpatch. Investors and analysts expect a mergers and acquisition wave as the oil price depression since last March and COVID-19 were just the latest in a series of crises that has squeezed the life out of many companies. It has come to a stage where banks and creditors are, in some cases, running out of patience with a now six-year downturn in the Canadian oil industry. Exasperated by paltry returns, they are cutting off funding in some cases and pushing companies to either restructure or sell out to larger companies.
    [Show full text]
  • Pengrowth Energy Corporation Announces Cash Dividend Payable September 17, 2012
    Source: Pengrowth Corporation - Billing Account August 10, 2012 17:21 ET Pengrowth Energy Corporation Announces Cash Dividend Payable September 17, 2012 CALGARY, ALBERTA--(Marketwire - Aug. 10, 2012) - Pengrowth Energy Corporation (TSX:PGF) (NYSE:PGH) today announces its September 17, 2012 cash dividend will be Cdn $0.04 per common share. The ex-dividend date is August 20, 2012. The dividend will be payable to all shareholders who hold shares on the record date of August 22, 2012. The dividend of Cdn $0.04 per common share is equivalent to approximately U.S. $0.04 per common share using a Canadian/U.S. dollar exchange rate of Cdn$1.00:U.S. $0.9915. The actual U.S. dollar equivalent of the dividend will be based upon the actual Canadian/U.S. dollar exchange rate in effect on the payment date, net of applicable Canadian withholding taxes for U.S. residents who hold their Pengrowth shares in taxable accounts. The above dividend has been designated as an "eligible dividend" for Canadian income tax purposes. Pengrowth's dividends are also considered "qualified dividends" for U.S. income tax purposes. Pengrowth has a Dividend Reinvestment Plan (DRIP) program and a Premium Dividend™ program, which provide eligible shareholders with the opportunity to reinvest their dividends in new shares at a five percent discount to the average trading price (as calculated pursuant to the Plan) and for Canadian participants only, in exchange for a cash payment to the participant equal to 102 percent of the reinvested dividends. About Pengrowth: Pengrowth Energy Corporation is a dividend-paying, intermediate Canadian producer of oil and natural gas, headquartered in Calgary, Alberta.
    [Show full text]
  • Pengrowth Energy Trust Provides an Update on Canadian and U.S. Tax
    Pengrowth Energy Trust Provides an Update on Canadian and U.S. Tax March 20, 2007 Attention: Financial Editors CALGARY, ALBERTA--(CCNMatthews - March 20, 2007) - Pengrowth Corporation, administrator of Pengrowth Energy Trust (TSX:PGF.UN) (NYSE:PGH), today is pleased to provide an update on 2006 tax information. Canadian 2006 Tax Information: Pengrowth reports that distributions paid in Canada during the 2006 calendar year were 80 percent taxable and 20 percent tax deferred. Canadian beneficial unitholders who received distributions in 2006 outside an RRSP, RRIF or DPSP should receive a T3 Supplementary slip from their broker. Canadian registered unitholders will receive a T3 Supplementary slip from Computershare Trust Company of Canada. The deadline for issuance of T3 Supplementary slips is March 31, 2007. A copy of the 2006 Canadian Tax Letter can be obtained at www.pengrowth.com. Canadian 2006 Tax Information for Esprit Energy Trust: Pengrowth reports that distributions paid by Esprit Energy Trust in Canada from February through to October 2006 were approximately 80 percent taxable and 20 percent tax deferred. Canadian beneficial unitholders who received distributions in 2006 outside an RRSP, RRIF or DPSP should receive a T3 Supplementary slip from their broker. Canadian registered unitholders will receive a T3 Supplementary slip from Computershare Trust Company of Canada. The deadline for issuance of T3 Supplementary slips is March 31, 2007. A copy of the 2006 Canadian Tax Letter can be obtained at www.pengrowth.com. U.S. 2006 Tax Information: Pengrowth advises that a U.S. tax information package, which includes a Substitute Schedule K-1 form, were mailed to U.S.
    [Show full text]
  • Oil & Gas Royalty Income Trust Investment List
    Oil & Gas Royalty Income Trust Investment List This is a list of publicly traded investment choices, not recommended investments. Use at your own risk. Contact us for a free initial consultation. Date: 7/10/04 Symbol- Symbol- Market Avg Yield Name US Canada Resource Resource Location Website Cap (M) Vol (K) EPS Dividend Freq % BP Prudhoe Bay Royalty Trust BPT Oil AK 755 112 2.67 0.998 Q 11.30 Cross Timbers Royalty Trust CRT Gas TX,OK,NM www.CrossTimbersTrust.com 177 17 2.18 0.185 M 7.52 Dominion Resources Black Warrior Trust DOM Gas AL www.DOM-DominionBlackWarriorTrust.com 252 24 2.47 0.810 Q 10.03 Eastern American Natural Gas Trust NGT Gas WV,PA 140 9 1.61 0.426 Q 7.18 Enerplus Resources Fund ERF ERF_u.TO Oil,Gas Canada www.Enerplus.com 2770 457 2.23 0.260 M 10.68 Enterra Energy Trust EENC ENT_u.TO Oil,Gas Canada www.EnterraEnergy.com 283 140 0.13 0.120 M 10.77 Fording Canadian Coal Trust FDG Coal Canada www.Fording.ca 2120 127 0.730 Q 6.79 Great Northern Iron Ore Properties GNI Iron ore MN 149 2 4.60 1.900 Q 7.68 Hugoton Royalty Trust HGT Gas KS,OK,WY www.HugotonTrust.com 941 93 2.07 0.144 M 7.35 LL&E Royalty Trust LRT Oil,Gas AL,FL,TX,LA 93 84 0.51 0.036 M 8.72 Marine Petroleum Trust MARPS Oil,Gas LA 60 2 2.40 0.530 Q 7.09 Mesa Royalty Trust MTR Oil,Gas KS,NM,CO,WY 112 2 5.01 0.363 M 7.26 Mesabi Trust MSB Iron ore MN 103 25 0.56 0.050 Q 2.54 North European Oil Royalty Trust NRT Oil,Gas Europe 214 12 1.83 0.430 Q 7.17 Panhandle Royalty Co PHX Oil,Gas OK,TX,NM,more www.Panra.com 63 4 1.38 0.050 Q 1.33 Pengrowth Energy Trust PGH PGF_u.TO
    [Show full text]
  • Westrock Energy Income Fund I
    NOTICE OF ANNUAL MEETING AND INFORMATION CIRCULAR AND PROXY STATEMENT With Respect to the Annual Meeting of Shareholders to be held on Friday, May 9, 2014 April 2, 2014 TABLE OF CONTENTS Page NOTICE OF ANNUAL MEETING OF SHAREHOLDERS ................................................................................. i INFORMATION CIRCULAR AND PROXY STATEMENT .............................................................................. 1 General .......................................................................................................................................................... 1 Notice to Beneficial Holders of Common Shares.......................................................................................... 1 Solicitation of Proxies ................................................................................................................................... 2 Appointment and Revocation of Proxies ....................................................................................................... 2 Exercise of Discretion by Proxies ................................................................................................................. 3 Voting Securities and Principal Holders Thereof .......................................................................................... 3 Quorum for the Meeting ................................................................................................................................ 3 General Information .....................................................................................................................................
    [Show full text]
  • Full Exhibition Booklet
    ARxhibiT Petro/cultures Petro$culptures MICHAEL ASCHAUER © 2019 "The world needs energy. Western civilization is based on it, and it has been since the Industrial revolution." Rick George, Former President and CEO of Suncor Energy Inc. "Oil heats and cools our homes, businesses, hospitals and schools. It allows people to live, work and play WHEREVER and WHENEVER they WISH" Greg Stringham, Vice President, Oli Sands, Canadian Association of Petroleum Products "Our people, our lands and our animals are beeing threatened by the very economy that is prescribed by government and industry." Chief Allen Adam, Chief of Athabasca Chipewyan First Nation "Canadian oil sands oil is the most moral oil in the world!" Ezra Levant ARxhibiT: Petro/cultures / Petro$culptures ARxhibiT is a pop-up augmented reality exhibition format based on open WebVR technologies: No app installs, no proprietary licenses - just scan the QR code or pop in the URL, and you are ready to go and hit the markers. Petro/cultures / Petro$culptures is its first show. It features a virtual sculpture garden full of art histories’ classics blinded by their culture’s addiction to fossil fuels (and other hazardous material). The science of global warming caused by burning fossil fuel is settled for nearly half a century, but that hasn’t kept our society from burning through megatonnes of oil, gas, and coal. We know who is responsible. We still blindly follow our leaders along, stumbling like drug addicts on their way to the dealers. The difference to drugs is We - at least try to - put the drug lords and dealers in prison, while our oil lords continue to make politics and enormous profits.
    [Show full text]
  • Division of Investment Management No-Action Letter: Pengrowth Energy
    :":'~ ~ .. ' ..".:' ,"" . .. " . BillC'l'Ii}l};r .2 fa ) (2.l{ ) I Z. ('i.l.£t.2)j ~ Cq ) (I) (C) IH..7J.,JIj 1Wt'YPT,IC I A~b:ryJ}.J1r.L1.:.f'J: 1 2.:7-/oD January 27, 2000 RESPONSE OF THE OFFICE OF cHffiFlXmNSEL'-~Our Ref. No. 00-6 DIVISION OF INVESTMENT MANAGEMENT Pengrowth Energy Trust By letter dated January 14, 2000, you request our assurance that we would not recommend that the Commission take any enforcement action under Section 7 ofthe 1 . Investment Company Act (the "1940 Act") ifPengrowth Energy Trust ("Energy Trust") treats its subsidiary, Pengrowth Corporation (the "Operating Company"), as a majority­ owned subsidiary for purposes ofSection 3(a)(I)(C) under the 1940 Act and, therefore, does not register as an investment company. Facts The Pengrowth Group includes three Canadian entities: Pengrowth, an operating oil and gas company; Energy Trust, which finances the operating company; and a management company that provides managerial and administrative services (the "Management Company") to Pengrowth and Energy Trust. Energy Trust wishes to publicly offer its securities in the United States without registering as an investment company under the 1940 Act. \! Energy Trust finances the Operating Company by issuing and selling beneficial I interests ("Trust Units") and investing most ofthe proceeds in royalty units issued by the Operating Company. Each royalty unit represents the right to receive a pro-rata portion of99% ofall royalty income, which is essentially the gross revenues ofthe Operating Company less costs, taxes and payments to a reserve. Energy Trust owns approximately 99.96% ofthe royalty units outstanding, and the royalty units constitute approximately 85% ofthe Energy Trust's assets.
    [Show full text]
  • FP500 2019 Top Calgary-Based Companies Ranked by Revenue
    Return to Company Lists Return to Homepage FP500 2019 Top Calgary-Based Companies Ranked by Revenue FP500 FP500 2018 Calgary Total Stock Rank Rank Company Footnote Sector Revenue Web Address Rank Employees Ticker 2018 2017 ($000s) 1 8 9 Enbridge Inc. Energy $46,378,000 12,000 ENB www.enbridge.com 2 11 11 Suncor Energy Inc. 3 Energy $38,684,000 12,480 SU www.suncor.com 3 12 14 Imperial Oil Ltd. Energy $34,964,000 5,700 IMO www.imperialoil.ca 4 23 25 Husky Energy Inc. Energy $22,252,000 5,157 HSE www.huskyenergy.com 5 25 29 Canadian Natural Resources Ltd. Energy $21,027,000 9,709 CNQ www.cnrl.com 6 26 28 Cenovus Energy Inc. 3 Energy $20,844,000 2,264 CVE www.cenovus.com 7 35 59 Parkland Fuel Corp. Energy $14,442,000 3,051 PKI www.parkland.ca 8 42 38 TransCanada Corp. Energy $13,679,000 7,081 TRP www.tcenergy.com 9 71 89 Encana Corp.* Energy $7,696,944 2,065 ECA www.encana.com 10 76 91 Pembina Pipeline Corp. Energy $7,351,000 2,162 PPL www.pembina.com 11 77 74 Canadian Pacific Railway Ltd. Transport $7,316,000 12,770 CP www.cpr.ca 12 82 81 Gibson Energy Inc. Energy $6,846,589 550 GEI www.gibsonenergy.com 13 94 99 NOVA Chemicals Corp.* Chemical $5,786,640 2,900 (Priv) www.novachem.com 14 102 100 Shaw Communications Inc. Media $5,239,000 10,000 SJR.B www.shaw.ca 15 108 106 ATCO Ltd.
    [Show full text]