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Gold/Mining/Energy : transcanada pipelines (TRP)

TRP 54.33

-0.6%

Jan 15 4:00 PM EST

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To: re3 who wrote (156)	5/31/1999 11:11:00 AM
From: bill	Read Replies (1) of 292

Globe says TransCanada eyed in NWT play TransCanada PipeLines Ltd TRP Shares issued 463,674,709 May 28 close $20.05 Mon 31 May 99 In the News The Globe and Mail reports in its Saturday edition that new and impressive natural gas finds in the rugged Northwest Territories are already fuelling turf wars between governments and pipeline companies over the right to move the supply to rich southern markets. Reporter Jeffrey Jones says the biggest salvo so far was fired this month by the Northwest Territories government, which aims to entice TransCanada PipeLines to extend its huge Alberta pipeline network, a move that would wrench the network from Alberta's energy regulator and put it in the hand of federal regulators. The issue appears likely to touch off another in a long line of federal-provincial battles over resource jurisdiction. The mountainous Fort Liard area, about 35 kilometres north of the British Columbia border, is known for risky and expensive drilling, and many analysts bet it is Canada's next major supply area. TransCanada is treading lightly so far. (c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com

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