Centaurus Energy Inc (CTARF)

[rattlewatch]

"Low commodity prices prompt gas plant shutdown"

Dan Healing, Calgary Herald

Published on: January 30, 2015 | Last Updated: January 30, 2015 2:22 PM MST

"Low oil and gas prices and declining activity in a region just northwest of Edmonton have convinced Calgary-based Keyera Corp. to shut its Paddle River gas plant for at least two months, forcing the shut-in of most of the Canadian production of junior Madalena Energy Inc."
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"Madalena added its recent Nordegg oil and gas discovery at West Cove will not be tied-in until economic conditions improve and the Keyera plant is back in service. Two recently drilled and completed Paddle River Ostracod wells have not tested hydrocarbons in economic quantities and will remain suspended, it reported."

read the rest here
http://calgaryherald.com/business/energy/low-commodity-prices-prompt-gas-plant-shutdown





http://calgaryherald.com/business/energy/low-commodity-prices-prompt-gas-plant-shutdown