Canadian Oil & Gas History

1946 Highlights

January 4 Single biggest reserve in Alberta history goes up for sale - 1.24 million acres
February 22 Imperial proves up 60,000 acres, as gas may be a more important source of future gasoline supplies than crude oil
March 14 United States expects to end crude oil and refined products price controls in a few weeks
April 15 Saskatchewan's first gusher! S.A.C. Oil No.4 near Lloydminster produces 1,500 barrels of heavy oil and 1.5 million cubic feet per day with oil now showing
May 10 Interest renews in Taber area as Standard-Nassua well flows 250 barrels per day
June 19 Imperial oil discovery at Provost flows past heads during drilling
August 9 McColl-Union finds at Pinhorn flows 46 million cubic feet of gas in early tests
September 20 Husky Refining officially enters Canada, becomes co-owner of Franco Oil's Vermillion refinery
October 4 Princess-Brooks Syndicate No. 1 Sunburst gas test rights to 43,000 acres
October 25 Schlumberger Well surveying Corp enters Western Canada
December 27 Home Millariville flows over 1,000 bbls after acidizing