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Documents on natural resources
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|What Lies Beneath: Waivers In Historical Coal Deeds May Leave Mid-Stream Operators Without Subjacent Support|
John R. Seeds, Barbara Y. Strnad; Dickie, McCamey & Chilcote, P.C.;
May 14, 2015, previously published on April 28, 2015In refusing jurisdiction over an Appeal on Wednesday, April 22, 2015, the Pennsylvania Supreme Court effectively indicated that coal may still be king in the Appalachian Basin. The Supreme Court sustained a ruling in favor of a coal mine owner, wherein the Superior Court held that a mid-stream...
|Environmental Groups Sue to Stop Fracking Near Chaco Canyon|
Frank T. Davis; Modrall Sperling;
May 14, 2015, previously published on May 01, 2015The fight over fracturing ("fracking") associated with directional drilling plans for the Mancos Shale in northern New Mexico is heating up. On March 11, 2015, a coalition of environmental groups, including Diné Citizens Against Ruining Our Environment, San Juan Citizens Alliance,...
|Department of the Interior-Hydraulic Fracturing Rule|
Lynne J. Boomgaarden, John R. Lee, John W. Morrison; Crowley Fleck PLLP;
May 14, 2015, previously published on April 1, 2015On March 20, 2015, the Department of the Interior released its final rule governing hydraulic fracturing operations on lands administered by the Bureau of Land Management (“BLM Managed Lands”). Of the requirements imposed by the rule, the following appear to be the most significant.
|NWT Hydraulic Fracturing Filing Regulations|
Adam Vivian; McLennan Ross LLP;
May 13, 2015, previously published on April 1, 2015On April 1, 2015, the Government of the Northwest Territories released the Hydraulic Fracturing Filing Regulations pursuant to section 53(1) of the NWT Oil and Gas Operations Act, S.N.W.T. 2014,c.14. The Government is seeking public comment on the Regulations until June 29, 2015.
|Miners Beware: Regulators Read Your Investor Presentations|
Abbas Ali Khan, Sander A.J.R. Grieve, Michael N. Melanson, Ali J. Naushahi; Bennett Jones LLP;
May 13, 2015, previously published on April 28, 2015On April 9, 2015, the Canadian Securities Administrators (CSA) published CSA Staff Notice 43-309 - Review of Website Investor Presentations by Mining Issuers (the Staff Notice), which summarizes the findings of a review of 130 investor presentations (the Reviewed Presentations) posted on websites...
Grant McGlaughlin; Goodmans LLP - Toronto;
May 12, 2015, previously published on January 29, 2015Two recent Supreme Court of Canada decisions provide guidance on how provincial governments must proceed when engaging in resource development on lands subject to Aboriginal title or to treaty agreements.
|CSA Reviews Mining Issuers' Investor Presentations|
Michael Partridge; Goodmans LLP - Toronto;
May 12, 2015, previously published on April 10, 2015The Canadian Securities Administrators (CSA) have published CSA Staff Notice 43-309, which summarizes the findings of staff of the Autorité des marchés financiers, the British Columbia Securities Commission and the Ontario Securities Commission and outlines the CSA’s...
|The New Gatekeepers to Resource Development in Canada|
Gesta Abols, Grant McGlaughlin, Daniel Wakeling; Goodmans LLP - Toronto;
May 12, 2015, previously published on February 12, 2015A seismic wave continues to surge in the Canadian resource sector, as it is now widely accepted that Aboriginal groups wield unprecedented power and authority over resource development following years of intense legal activism. The recent Supreme Court of Canada decision in Tsilhqot’in...
|Is the Greening of Financiers Leading to a Credit Squeeze in the Extractive Sector?|
Catherine Lyons; Goodmans LLP - Toronto;
May 12, 2015, previously published on March 11, 2015The New York Times recently reported that PNC Financial had joined a growing list of financiers in the United States that have “distanced themselves from coal companies involved in mountain top removal.”1 The list already includes: Bank of America, Citigroup, Morgan Stanley, JP Morgan...
|Canadian Government to Broaden Canadian Exploration Expense and Extend Mineral Exploration Tax Credit|
Goodmans LLP - Toronto;
May 12, 2015, previously published on March 5, 2015On March 1, 2015, the Canadian Government announced that it would broaden the definition of Canadian exploration expenses and extend the availability of the mineral exploration tax credit. These changes are intended to support companies engaging in mineral exploration in Canada, and are most...