Michichi

Capstone Infrastructure Corporation Successfully Commissions Michichi and Kneehill Solar Projects

Retrieved on: 
Wednesday, July 12, 2023

The Kneehill Solar Project is a 25Mac facility located in Kneehill County, Alberta, just north of the Town of Three Hills.

Key Points: 
  • The Kneehill Solar Project is a 25Mac facility located in Kneehill County, Alberta, just north of the Town of Three Hills.
  • With the two new solar projects, Capstone is continuing its commitment to building meaningful, long-standing relationships with Indigenous communities.
  • Michichi and Kneehill Solar will also provide millions of dollars in stable long-term property tax revenue to Starland and Kneehill County over the operational life of the projects.
  • Both Michichi and Kneehill Solar received significant federal support from Natural Resources Canada’s Smart Renewables and Electrification Pathways Program (“SREP”).

Minister Wilkinson Announces Over $160 Million for 9 Alberta Solar Energy Projects That Will Create Hundreds of Good Jobs

Retrieved on: 
Tuesday, July 11, 2023

The following projects were funded to create good jobs, provide clean power and advance economic reconciliation:

Key Points: 
  • The following projects were funded to create good jobs, provide clean power and advance economic reconciliation:
    Capstone Infrastructure Corporation and Sawridge First Nation's Michichi Solar LP and Kneehill Solar LP projects will each deploy a 25-MW solar farm with smart-grid–enabled solar inverters.
  • These projects are supported by an combined $64-million federal investment and are expected to create up to 240 good jobs.
  • Enterprise Solar L.P. will deploy a 65-MW solar energy generation project in Vulcan County, Alberta, supported by a federal investment of approximately $12 million.
  • "We are investing over $160 million in job-creating solar energy projects, which will contribute 163 megawatts of new power generation across Alberta.

Capstone Infrastructure Corporation continues strong record of investment in Alberta as Michichi and Kneehill Solar projects hit construction milestones

Retrieved on: 
Tuesday, October 18, 2022

The two new solar facilities Michichi Solar located in Starland County, and Kneehill Solar located in Kneehill County, will each produce 25 MWac of electricity, enough power to supply 12,000 Alberta homes every year.

Key Points: 
  • The two new solar facilities Michichi Solar located in Starland County, and Kneehill Solar located in Kneehill County, will each produce 25 MWac of electricity, enough power to supply 12,000 Alberta homes every year.
  • With the two new solar projects, Capstone is continuing its commitment to building meaningful, long-standing relationships with Indigenous communities.
  • "Capstone is pleased to announce were meeting our construction milestones for the Michichi and Kneehill Solar Projects, says David Eva, Chief Executive Officer of Capstone.
  • The Kneehill Solar Project is located in Kneehill County, Alberta, just north of the Town of Three Hills.

Prairie Provident Resources Announces First Quarter 2022 Financial Results and Successful First Quarter Drilling Program

Retrieved on: 
Thursday, May 12, 2022

Forward-looking statements are based on a number of material factors, expectations or assumptions of Prairie Provident which have been used to develop such statements but which may prove to be incorrect.

Key Points: 
  • Forward-looking statements are based on a number of material factors, expectations or assumptions of Prairie Provident which have been used to develop such statements but which may prove to be incorrect.
  • Actual results or events will differ, and the differences may be material and adverse to the Company.
  • It does not represent a value equivalency at the wellhead nor at the plant gate, which is where Prairie Provident sells its production volumes.
  • Readers must not consider non-GAAP and other financial measures in isolation or as a substitute for analysis of the Companys financial results as reported under IFRS.

Prairie Provident Resources Announces Fourth Quarter and Year-End 2021 Financial and Operating Results

Retrieved on: 
Wednesday, March 30, 2022

As previously announced, PPR continues to advance the disposition of several non-core properties with the goals of reducing liabilities, fixed operating costs, and reducing debt.

Key Points: 
  • As previously announced, PPR continues to advance the disposition of several non-core properties with the goals of reducing liabilities, fixed operating costs, and reducing debt.
  • PPR's 2022 development plan builds on 2021 successful drilling programs and waterflood results in Evi and Michichi.
  • Prairie Provident is a Calgary-based company engaged in the exploration and development of oil and natural gas properties in Alberta.
  • Readers must not consider non-GAAP and other financial measures in isolation or as a substitute for analysis of the Companys financial results as reported under IFRS.

Prairie Provident Announces Year-End 2021 Reserves

Retrieved on: 
Wednesday, January 19, 2022

Prairie Provident is a Calgary-based company engaged in the exploration and development of oil and natural gas properties in Alberta.

Key Points: 
  • Prairie Provident is a Calgary-based company engaged in the exploration and development of oil and natural gas properties in Alberta.
  • These estimated amounts may change upon the completion of audited financial statements for the year ended December 31, 2021 and changes could be material.
  • The Company calculates RLI based on the estimated reserves amount as at December 31, 2021 for the relevant reserves category, as evaluated by Sproule, divided by 2021 annual production.
  • It does not represent a value equivalency at the wellhead nor at the plant gate, which is where Prairie Provident sells its production volumes.

Mr. Jeroen Tas Joins Zylorion as a Strategic Advisor and Observer to the Board of Directors

Retrieved on: 
Thursday, January 6, 2022

Mr. Tas is the 2004 winner of the E&Y Entrepreneur of the Year award in the Information Technology category for the New York region.

Key Points: 
  • Mr. Tas is the 2004 winner of the E&Y Entrepreneur of the Year award in the Information Technology category for the New York region.
  • Mr. Tas is a native of the Netherlands and holds a Master's in Computer Science and Business Administration from the Vrije University, Amsterdam.
  • In his role as a Strategic Advisor and Board Observer, Mr. Tas will provide strategic guidance and advise the development and delivery of the Company's clinical, and technology enabled therapy programs.
  • Mr. Tas will also be acting as a non-voting observer to the Board of Directors.

Prairie Provident Resources Announces Second Quarter 2021 Financial and Operating Results

Retrieved on: 
Thursday, August 12, 2021

Actual results or events will differ, and the differences may be material and adverse to the Company.

Key Points: 
  • Actual results or events will differ, and the differences may be material and adverse to the Company.
  • It does not represent a value equivalency at the wellhead nor at the plant gate, which is where Prairie Provident sells its production volumes.
  • Operating netbacks included in this news release were determined as oil and gas revenues less royalties less operating costs.
  • Operating netback after gains or losses on derivative instruments, adjusts the operating netback for only realized gains and losses on derivative instruments.

Prairie Provident Announces Election of Directors

Retrieved on: 
Friday, December 18, 2020

Prairie Provident is a Calgary-based company engaged in the exploration and development of oil and natural gas properties in Alberta.

Key Points: 
  • Prairie Provident is a Calgary-based company engaged in the exploration and development of oil and natural gas properties in Alberta.
  • The Companys strategy is to grow organically in combination with accretive acquisitions of conventional oil prospects, which can be efficiently developed.
  • Prairie Providents operations are primarily focused at the Princess and Michichi areas in Southern Alberta targeting the Ellerslie, the Lithic Glauconite and the Banff formations, along with an established and proven waterflood project at our Evi area in the Peace River Arch.