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February 6
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Carl Nickle presents resolution to Alberta Progressive Conservative convention urging creation of provincial gas export policy
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March 17
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Saskatchewan issues a gas export policy with two plans for gas export markets
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April 15
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Ottawa grants Westcoast Transmission company a 22-year permit to export gas from the Peace River area
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June 18
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Socony/Seaboard Pembina discovery well flows light oil at 394 barrels per day during testing
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June 20
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Sun Oil Co. and Canadian Oils Co. plan a 200-mile petroleum products line from Sarnia to Toronto
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June 22
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Pembina light oil discovery flows oil at rate of 456 barrels per day through 3/8 inch choke
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October 15
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Trans Mountain Oil Pipe Line Company officially opens Bruaby terminal, completing $93 million construction project
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November 5
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Triple zone gas discovery made in Pouce Coupe region of northwestern Alberta
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December 4
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Alberta estimates 3.5 trillion cubic feet of gas are available for export to Eastern Canada; Alberta and Ottawa favour merger of Trans-Canada and Western Pipelines for a combined pipeline route across Canada
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December 10
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Smiley indicated as first major light gravity oil field in Saskatchewan
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December 23
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Saskatchewan sets up first regulations for oil production allowables
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December 30
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Violet Grove well discovers Blairmore and Drayton Valley oil in Cardium
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