It certainly doesn’t fall into the category of blockbuster news, but the results of the June sale of Crown petroleum and natural gas rights were a sizable improvement over the previous two months.Twelve of the 15 parcels offered this week were purchased, resulting in a bonus bids total of $1.8 million.That’s more than three and half times the combined total for the April and May sales, of only$485,000.- Advertisement -It leaves the total for the first half of 2015 at slightly less than$7 million, and less than eight per cent of the $90 million total for the same period last year.In addition, it still leaves the government on pace to post its worst ever calendar year total in records dating back to 1978.Generally speaking, that brings into focus a report issued today by the National Energy Board, which said lower prices, ample supply, and increased competition in key markets will further challenge competitiveness of Canadian natural gas and gas exports.Advertisement The Board’s latest market assessment presents an outlook from the beginning of this year to the end of 2017.It says while decreased capital expenditures caused by declining oil prices are expected to reduce total deliverability, high-grading by producers to pursue the best targets in both Canada and the United States may improve per-well deliverability.It also says additional drilling could occur here in Western Canada, as some producers may attempt to establish natural gas reserves and assess deliverability potential to confirm supplies for future LNG export projects.In a mid-range price case, the Board forecasts prices falling from a 2014 high of $4.35 per million BTUs, to $3.55 in 2017.Advertisement
BURBANK – NBC Universal is embarking on a technological future even as it embraces its television past. The company announced Tuesday that it is teaming with Apple Computer Inc. to make available for downloading hundreds of episodes of 11 television shows, both classic and current, from the iTunes Music Stores for viewing on Apple’s new video iPod or on a computer. These include current NBC shows, such as “Law & Order,” “The Office” and sketches from “The Tonight Show with Jay Leno,” and older network classics such as “Dragnet,” “Adam-12,” “Knight Rider” and “Alfred Hitchcock Presents.” The deal is Apple’s second content agreement with a major conglomerate in recent months. In October, Apple partnered with The Walt Disney Co. to make available the ABC shows “Desperate Housewives” and “Lost,” as well as The Disney Channel’s “That’s So Raven” and “The Suite Life of Zack & Cody.” AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREBlues bury Kings early with four first-period goals NBC Universal CEO Bob Wright said the company is pleased to be partnering with Apple on a venture that he believes is appealing to consumers but also provides safeguards against illegal downloading. While iTunes music content can be backed up and stored on unlimited CDs, iTunes videos can’t be burned and stored on DVD. “We are committed to helping viewers enjoy the wide breadth of our programs across an equally wide range of devices and distribution models,” Wright said in a printed statement. In addition to the NBC shows past and present, shows from NBC Universal’s cable USA Network (“Monk”) and Sci-Fi Channel (“Battlestar Galactica”) are also among the selections. “We’re thrilled to expand the iTunes video catalog with 11 popular TV shows from NBC, USA Network and the Sci-Fi Channel,” said Steve Jobs, Apple’s chief executive. “In our first two months we’ve sold more than 3 million videos and have expanded our TV catalog from five shows to 16 shows.” Current television shows can be downloaded the day after they air on television. Television shows are $1.99 per episode, and music videos and short films are $1.99 each. In addition to the television shows, the iTunes Music Store now features a selection of over 3,000 music videos, Pixar short films, and more than 2 million songs. Greg Hernandez, (818) 713-3758 [email protected]!dtpost 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!