• Repsol YPF SA has reached an agreement to buy EnCana's natural gas production from Deep Panuke, offshore Nova Scotia. Production of the natural gas is set to begin in the fourth quarter of 2010. The contract takes effect immediately, and the terms of the agreement are confidential.
  • An hydraulic frac completion program on a 500 meter shale oil and gas area on a well in New Brunswick will be conducted by PetroWorth Resources. This completion program will be based on the outcomes of an assessment of the oil shale, the shale gas and the hybrid tight sand/shale of the Albert formation in the Moncton subbasin.