TORONTO 鈥� Some of the most active companies traded Wednesday on the Toronto Stock Exchange:
Toronto Stock Exchange (18,983.10, up 109.09 points.)
Canadian Natural Resources (TSX:CNQ). Energy. Up 53 cents, or 1.37 per cent, to $39.24 on 15.9 million shares.聽
Cenovus Energy Inc. (TSX:CVE). Energy. Up 18 cents, or 1.77 per cent, to $10.37 on 10.6 million shares.
i3 Energy plc. (TSX:ITE). Energy. Unchanged at 19 cents on 7.8 million shares.
BCE Inc. (TSX:BCE). Telecommunications. Up 58 cents, or 1.04 per cent, to $56.39 on 7.8 million shares.
Telus Corp. (TSX:T). Telecommunications. Up seven cents, or 0.27 per cent, to $25.99 on 7.2 million shares.
Kinross Gold Corp. (TSX:K). Materials. Up 19 cents, or 2.22 per cent, to $8.76 on 7.2 million shares.
Companies in the news:聽
Suncor Energy Inc. (TSX:SU). Up 49 cents, or 1.7 per cent, to $28.83. A company investigating the use of radio frequency energy as a cleaner and cheaper way to produce heavy oil from the oilsands says it has the means to proceed with a commercial pilot project. Calgary-based Acceleware Ltd. says a recent commitment of $5 million from Alberta Innovates, a provincial research agency, brings its direct funding to $19 million and fully funds its proposed pilot. Its other funders include Suncor Energy Inc. and an unnamed second oilsands producer with up to $2 million each, $5.25 million from Sustainable Development Technology Canada and $5 million from Emissions Reduction Alberta. The company says a test site at Marwayne in east central Alberta has been cleared, long-lead equipment and materials have been ordered and service company partners selected.
Mojek Resources Inc. 鈥� The Alberta Energy Regulator says it is directing the Orphan Well Association and working interest partners of Mojek Resources Inc. to take over its wells and facilities after the company failed to clean up multiple spills and comply with multiple orders. The regulator says the escalation of enforcement was deemed necessary when the Calgary-based company failed to comply by March 5 with an order issued Jan. 4 requiring the suspension of its wells and facilities, discontinuation of its pipelines and demonstration of proper care of all of its assets. The AER says the OWA and Mojek鈥檚 partners are to suspend all of its oil and gas assets and ensure they are left in a safe state while addressing non-compliances at Mojek sites and confirming a working emergency response number. It says Mojek holds AER licences for 32 wells, 35 pipelines and one facility, and owes $1.76 million in security to the AER for its end-of-life obligations, along with debts to the OWA and the AER.
This report by The Canadian Press was first published March 17, 2021.
The Canadian Press
