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January 7
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Home Millarville No.2 produces 3,000 barrels per day, extends Turner Valley field to the north and spurs exploration activity for the next two years
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February 25
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Governments consider a pipeline from Turner Valley to Winnipeg
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April 1
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Turner Valley quota raised 65% to 17,5000 barrels per day
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April 15
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Dumping regulations against imported crude are announced for the first time in Canadian history, effective April 22
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April 22
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New south Turner Valley well becomes the field's largest producer
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May 13
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Anglo Canadian Steveville No.2 blows wild for five days
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May 20
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McGillivray Commission on the oil industry makes several recommendations on pipelines in Alberta, most are eventually adopted by the Provincial Utilities Board
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June 19
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Alberta brings oil pipelines under utilities jurisdiction, empowers it to set rates and deems pipelines s common carriers
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June 30
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Senior British officials arrive in Canada to survey Alberta for a pipeline to the Great Lakes
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July 8
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Utilities board takes over Royalite pipeline and applies new rates
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July 8
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Income tax changes promise full write-offs on costs of development of oil and naptha wells, sets depletion at 25% of net profits and depreciation allowance at 15% - the changes are expected to reduce the average tax liability of oil companies by about 25%
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July 8
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August 5 Standard of B.C. plans takeover of another SOCAL subsidiary, California Co. of Alberta, and pledges to enter the Prairie market using Alberta processed crude instead of American oil processed in B.C.
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September 3
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Britain and France declare war on Nazi Germany
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September 10
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Canada declares war, oilpatch asked to join the Allied war effort
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September 23
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Alberta Petroleum Association calls for dumping charges against Montana oil
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September 30
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First successful production at Lloydminster/Vermillion area, one of the first fields outside Turner Valley producing over 100 barrels per day
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October 7
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Texaco rumored to be ready to switch to Turner Valley from Montana crude, customs officials consider dumping duties against U.S. imports
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October 28
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Imperial Oil says Turner Valley production is sufficient to justify a pipeline from Calgary to Regina
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December 9
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Alberta oil production is estimated at 7.58 million barrels in 1939, Worth $9.26 million
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December 16
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Royalite No.43 focuses attention on north Turner Valley as new northern extension tests get underway
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