Alberta News

CALGARY — The Petroleum Services Association of Canada has revised its 2020 Canadian drilling forecast to an almost 50-year record low of 3,100 oil and gas wells, a level not seen since 2,900 wells were drilled in 1972.

EDMONTON — The Edmonton Oilers have signed defenceman Markus Niemelainen to a two-year entry-level contract.

CALGARY — Oil producer Whitecap Resources Inc. says it is planning for "involuntary shut-ins" of production as North American crude storage levels threaten to exceed capacity and commodity prices remain at low levels.

FORT MCMURRAY, Alta. — Fort McMurray resident Michelle Toner says it's been a hectic, sad week in the northern Alberta city.

CALGARY — Workers are to return Monday to a beef processing plant south of Calgary that was closed for two weeks because of a COVID-19 outbreak.

EDMONTON — Premier Jason Kenney says a global oil glut means Alberta's main industry will be dealing with low prices for a year or longer after the COVID-19 crisis abates.

CALGARY — Elephants are said to seek out the fallen, fermenting fruit of the marula tree. Waxwings flock in spring to berries still hanging from branches and fly erratically thereafter. Swedish elk behave strangely after gorging on rotting apples.

CALGARY — The Calgary Flames have signed defenceman Johannes Kinnvall to a two-year, entry-level contract, the club announced Wednesday.

CALGARY — Fears that crude oil prices slammed by a global economic "train wreck" will remain low for some time are forcing Calgary-based companies to write off billions of dollars in value from their oil and gas resources. Husky Energy Inc.

EDMONTON — The Edmonton Oilers have signed unrestricted free agent defenceman Theodor Lennstrom to a one-year entry-level contract.