Some people throw out the mayonnaise jar when they can’t scoop any more out of it. Other people will take a knife and painstakingly scrape the jar’s sides and get enough mayonnaise for at least another sandwich, maybe more. But they need time and different tools to do the job.
Veresen Inc. closed a deal in February 2012 on a low-risk asset with high-growth potential. The company’s $920 million acquisition of the Hythe/Steeprock Complex, formerly owned by Encana Corp., has ushered it into Canada’s booming Montney Shale Play, the prolific natural gas resources located in British Columbia and Alberta.
TWD Technologies began its evolution into construction management approximately four years ago as a way to ensure that its engineering designs were executed flawlessly. “I think the top reason is to have more control,” co-founder and Principal Scott Wilson maintains. “The traditional way of doing things is, we do the engineering and then a contractor builds it.
Rambler Metals and Mining struck gold at its Ming Mine in Baie Verte, Newfoundland in 2004 when it began its exploration campaign searching for base and precious metals. The Ming Mine is an underground volcanic massive sulfide style copper deposit with anomalously high gold grades, allowing the small company to become a mid-size mine developer in a short period of time. Copper and gold pricing fluctuate with economic trends.
For the province of Alberta, 1962 was an important year. The Alberta Conservation Board had approved the Great Canadian Oil Sands Project and the Alberta-California pipeline was completed. Seeing the need for Canadian-made products that were suited to Canadian conditions, Duncan McNeill launched Stream-Flo Industries Ltd. and the Crown Energy product line in 1962. In its first year of operation, Stream-Flo manufactured the first Canadian swing check valve used in the oil industry. The company’s global expertise and industry dominance have continued to grow, making it a leader in the energy market.
A once-dormant copper-gold-silver development in British Columbia is seeing new life. Vancouver-based Yellowhead Mining Inc. in March 2012 completed a feasibility study on the Harper Creek project, which was initially explored in the late 1960s/early 1970s.
After nearly a quarter of a century, The Rig Shop Ltd. has stayed successful by maintaining strong values in its approach to work, Head Engineer Fred Jolivet says. “[Our senior managers] are straight-up, honest businessmen,” he says. “I enjoy working for them.”