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SIMSA to hold energy update March 24, with optimism for the oilpatch this summer

Social distancing requirements mean things like the speed networking and in-person networking will not be able to take place, but this event will still seek to get information to its participants, according to Anderson. Eric Nuttal, partner and senior Portfolio Manager with Ninepoint Partners LP, is the keynote speaker. He recently spoke in a similar event held by the Canadian Association of Oilwell Drilling Contractors, providing a positive outlook for the oilpatch. Anderson noted that there’s a little broader focus, including things like lithium and hydrogen. All of those are being developed with oilfield services. The one-day online event will have speakers from oil producer Crescent Point Energy Corp., pipeline company TC Energy, refiner Federated Co-operative Limited, geothermal pioneer Deep Earth Energy Production, SaskEnergy, Prairie Lithium/LiEP Energy, Royal Helium, new micro-refinery Independent Energy Corporation, SaskPower on its Moose Jaw power plant, and hydrog

Reasons for hope for Estevan

But there are a lot of reasons for hope for our community. In case you haven’t noticed (which means you’ve likely been living under a rock), there’s a lot of new businesses that have opened in Estevan this year, especially in the last six months. It’s been a while since we’ve had so many brick and mortar businesses open within a short span like we’ve had in her in the past few months. These businesses aren’t going to offset the job losses associated with losing one unit at the Boundary Dam Power Station, let alone two. And they won’t offset the larger job losses we’re going to experience should the Shand Power Station and Unit 6 at Boundary Dam eventually have to retire by the end of this decade.

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