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January 2
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Petroleum and natural gas displaced liqour as the Alberta government biggest single revenue source in 1949
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January 30
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Alberta Petroleum and Natural Gas Conservation Board begins hearings in to an application by Westcoast Transmission to export gas to British Columbia and the U.S. northwest
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February 16
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Four new records were set in the Alberta oilpatch in 1949: oil production (20.24 million barrels), oil and gasoline revenues ($58 million), footage drilled (3.21 million feet) and well completions (788)
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February 16
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Industry shells out record amount as Alberta land sale, bids of $8.79 million accepted on 11 quarter sections in Redwater and $207,789 on one quarter section near Stettler
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July 3
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DOB headline reads "GOSH, HOW THE MONEY ROLLS IN", two and half years after Alberta sets up Crown reserves for oil and gas rights and leasing for a cash bonus, the treasury take passes the $47 million mark
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July 24
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Albert crude oil and gasoline production reaches 80,000 barrels per day while the number of oilwells capable of being operated passes 1,600
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July 25
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Western Canadian Petroleum Association announces plans to go on the air in fall and bring the dramatic story of oil in Western Canada to radio listeners on the Prairies
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July 31
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The Renfrew Club, one of Calgary's first businessmen's clubs, merges with the Calgary Petroleum Club
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October 14
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Oil from the Redwater field starts moving across half a continent by pipeline, by early December over 1.8 million barrels of Alberta crude will be in the 1,127 mile Interprovincial Pipe Line and the first oil will be in storage tanks in Superior, Wisconsin
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October 31
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A flare fed by Alberta natural gas is lit in the small town of Dawson Creek, BC signalling the first delivery of gas in the province
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December 4
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First oil lands at Lakehead terminus of Interpovincial Pipe Line
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December 10
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Industry women organize the "Desk and Derrick Club"; an educational and social club for the advancement of women in the oilpatch, Royalite Oil's Eleanor Crockett elected first president
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