NewzIntel.com

Category: Americas

  • MIL-OSI USA: Webster Joins Senators Scott & Rubio, Florida Delegation Urging USDA to Expedite Aid for Florida Agricultural Producers

    Source: United States House of Representatives – Congressman Daniel Webster (11th District of Florida)

    Washington, D.C. — Florida Congressman Daniel Webster, R-Clermont, along with Congressman Scott Franklin (R-FL), Senators Rick Scott (R-FL), Marco Rubio (R-FL), and the entire Florida delegation sent a letter to U.S. Department of Agriculture (USDA) Secretary Tom Vilsack urging the USDA to take immediate action to provide disaster assistance for Florida agricultural producers affected by Hurricanes Helene and Milton. 
     
    “These back-to-back major hurricanes have decimated Florida agriculture, our state’s second largest industry, which generates more than $182.6 billion in annual revenue and provides more than 2.5 million jobs,” the members wrote. “As Members of Congress, it is our responsibility to work with USDA to best assist the producers who feed our nation.”
     
    The full text of the letter is below. 
     
    Dear Secretary Vilsack:
     
    We write to strongly urge the U.S. Department of Agriculture (USDA) take immediate action to deliver critical aid to agricultural producers affected by recent hurricanes Helene and Milton. These back-to-back major hurricanes have decimated Florida agriculture, our state’s second largest industry, which generates more than $182.6 billion in annual revenue and provides more than 2.5 million jobs.
     
    Hurricane Milton made landfall on Florida’s Gulf Coast just 13 days after Helene and brought high winds, flooding and damage across the entire state. According to the Florida Department of Agriculture and Consumer Sciences (FDACS), the preliminary estimate of total crop and infrastructure losses ranges from $1.5 to $2.5 billion, and the State of Florida has requested federal agriculture disaster designations for impacted counties in response to both storms.
     
    Milton’s path impacted some of Florida’s most productive agricultural areas for aquaculture, avocados, bell peppers, blackberries, blueberries, broccoli, cabbage, cattle, citrus, christmas trees, corn, cotton, cucumbers, dairy, equine, floriculture, grapes, leafy greens, mangos, other animal products, peaches, peanuts, pecans, potatoes, poultry, rice, snap beans, soybeans, strawberries, sugarcane, sweet corn, tangerines, tomatoes, watermelons, and more. Agricultural lands and agribusiness more than 100 miles away from the eye of the storm experienced tornadoes and other devastating effects which compounded losses.
     
    Block Grants:
     
    In 2018, after Hurricane Irma, Congress appropriated relief to Florida agriculture and USDA delivered that aid through a block grant to the state. The State of Florida was successful in getting that aid to those in need quickly and efficiently. During a House Appropriations Subcommittee on Agriculture hearing held on March 9, 2023, USDA Inspector General Phyllis K. Fong was asked about the effectiveness of this block grant and she stated, “[i]n that instance, FSA successfully partnered with Florida to deliver assistance to the citrus farmers.” She went on to say: “I think that is an example, within your own state, where that kind of block grant program can work.” We ask that you support both an appropriation request and authority to deliver the assistance in the form of a block grant to our state.
     
    USDA must work to deliver aid to communities affected by disasters as quickly and efficiently as possible. FSA offices across Florida are still having trouble facilitating disaster assistance programs designed to help after 2022 Hurricanes Ian and Nicole. However, these funds were not in the form of a block grant and as a result, there are hundreds of producers who are still awaiting assistance.
     
    Creating a new disaster program each time funds are appropriated by Congress not only complicates the disaster relief application process, but also delays delivery of critical assistance for the producers who feed our state and nation. Block grants administered by the state expedite disbursement, free up personnel at FSA to efficiently carry out routine programs and provide needed flexibility for states.
     
    As you are aware, the Block Grant Assistance Act (H.R 662 & S.180) was designed to authorize USDA to administer calendar year 2022 disaster relief via block grants. This would give USDA the ability, when reasonable, to issue block grants and expedite payment to producers. This bill is cosponsored by the entire Florida delegation and unanimously passed the House on June 12, 2023. We remain steadfast in our support for standing block grant authority and continue to urge USDA to support this measure giving them additional flexibility in administering disaster programs.
     
    Farm Service Agency:
     
    Unlike most commodity crop programs, Florida specialty crop programs are disaster based and time consuming to deliver. Additionally, permanent FSA staff are needed in the county offices to administer the USDA disaster programs efficiently and effectively. We ask that USDA approve an expedited review of applications and deployment of existing authority for FSA offices to waive requirements that are redundant or unnecessary.
     
    In many other states, straightforward programs like Agriculture Risk Coverage or Price Loss Coverage enable producers to easily enroll and receive payments. These routine programs influence FSA workload metrics and help the agency prioritize personnel and resources. However, the situation differs significantly in Florida with specialty crops. Most of our programs are disaster-based, which are notably more time-consuming to administer and manage. These factors are not accounted for when allocating staff. As a result, our FSA county offices are not adequately staffed and have not finalized Emergency Relief Program (ERP) and Emergency Conservation Program (ECP) payments to producers for 2022.
     
    Disaster Appropriation:
     
    Per USDA data, losses in agriculture across calendar year 2022 totaled $14 billion, yet Congress only appropriated $3.7 billion in relief to our nation’s producers in the December 2022 omnibus. We recognize this led to difficult decisions on how to distribute the disaster assistance. However, the “Progressive Payment Factor” being applied to ERP 2022 payments was an unnecessary and harmful program flaw that has resulted in the producers who suffered the most severe losses receiving pennies on the dollars in assistance. Federal disaster assistance is never meant to make producers whole, but Congress has a duty to prevent a failure like this from occurring again. We look forward to working with USDA to ensure adequate funding for 2023 and 2024 losses.
     
    Improved Crop Insurance Options:
     
    Crop insurance is another tool USDA can use to improve the farm safety net alongside these suggestions for improving delivery of FSA disaster programs. The 2024 Farm Bill that passed the House Committee on Agriculture includes language to improve crop insurance options for specialty crop growers, including the Temperature Endorsement for Multi-Peril Policies (TEMP) Act (H.R.6186 & S.3253).4 Many of Florida’s specialty crop growers do not have insurance on their crops because of the high price of the premiums and low payouts from claims. The Florida Delegation will continue its efforts to work with USDA to prioritize improving crop insurance options for growers as outlined in the 2024 Farm Bill passed by the House Committee on Agriculture earlier this year.
     
    To ensure USDA and Congress are equipped to provide adequate support for producers, please respond to the following questions and provide the following documents and information no later than November 29, 2024.

    1. A statement of agency policy for utilization of block grants within USDA disaster-based programs.
    2. A document detailing calendar year 2024 calendar year losses up to October 29, 2024, and a budgetary request to the House and Senate Appropriations Committees to ensure adequate funding of relief programs.
    3. An updated document detailing FSA county office leadership, and how many FTEs are employed at each.
    4. A report on the number of FTEs Florida FSA offices need to efficiently administer a disaster-based program to Florida producers.
    5. A plan for strike team deployment to Florida FSA offices including timeline, number of employees and where these teams will be placed.

    As Members of Congress, it is our responsibility to work with USDA to best assist the producers who feed our nation. We appreciate your attention to this urgent matter.
     
    Sincerely,
     
     

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    MIL OSI USA News –

  • MIL-OSI USA: Hoyer Remarks at the Piscataway Bioenergy Facility Grand Opening in Maryland

    Source: United States House of Representatives – Congressman Steny H Hoyer (MD-05)

    WASHINGTON, DC – Congressman Steny H. Hoyer (MD-05) joined Congressman Glenn Ivey (MD-06), Maryland Secretary of the Environment Serena McIlwain, Prince George’s County Council Member Sydney Harrison, Montgomery County Council Member Will Jawando, and local leaders at the grand opening of WSSC Water Company’s Piscataway Bioenergy Facility in Accokeek, Maryland. This project was made possible in part by Biden-Harris Administration’s Bipartisan Infrastructure Law. Below are excerpts of his remarks: 

    “We had a pandemic not too long ago. It hit us right between the eyes and cost us a million citizens. And one of things was when the pandemic hit, we found out was that we were reliant on an awful lot of people overseas to produce masks. We didn’t have enough masks to protect our people. And why do I say this? Because in the last Congress – not this Congress, which has been the least effective Congress in which I’ve served since 1981. But having said that, the last Congress, the 117th was one of the most productive Congresses – with the relevance of this today. We enacted four bills that were investing in America, were building America, creating jobs in America, and we invested a lot in science. We invested a lot in the environment. We invested in making sure America was all that it could be.”

    “But in the infrastructure bill, normally you think of roads, bridges, highways, airports, seaports, et cetera et cetera, we also invested in something that we knew was critical and had been a failure of infrastructure. Flint, everybody heard of Flint, Michigan? Kids died because the water in Flint, Michigan, was not clean and it made them sick. And so we knew that infrastructure was more than just roads and transportation facilities, et cetera et cetera. It was also clean water, clean pipes.”

    “And then in the investment – in the IRA – we invested a lot of money in climate. And in the science bill, we put the largest investment in science in the history of the world. America will be better in the next decade, and the decade thereafter and the decade thereafter because of those investments in those four bills.”

    “It’s a lot of money we’ve sent throughout the country to make sure, that this country, in fact, is in the future and will be getting to, very quickly, hopefully certainly by 2050 – a green environment. Why do we want to get there? Because it is critically important for the wellbeing of every one of our people. Over 300 million strong. And it’s also very important for the world because if America is clean, then the world will be clean. Because we produce a lot of pollution in this world. China does as well. The largest country, India, does as well. The largest countries. And it is incumbent upon us to do not only for our own citizens but for the global community. That’s why this event is so, very important.”

    “Not only does it take a product that was waste product, that was causing us a problem, it turns that problem into an asset. And I’m so glad to be here with all of you. I want everybody for the WSSC to stand up and be recognized.”

    “Thank you. Thank you all very much. Because all of the talk, all of the money, all of the activity that the rest of us do empowers you to do things but it would not happen without you. The end would not happen. The objective of our work, our legislation, our money, whether it’s at the federal, state, or local level, would not make a difference if it was not for all of you who stood up. And who, every day, turn that money into product. Turn that money into advantage. Turn that money into a positive result for our community.”

    MIL OSI USA News –

  • MIL-OSI USA: U.S. Rep Angie Craig Announces $330,750 to Increase Domestic Biofuels in Lakeville

    Source: United States House of Representatives – Congresswoman Angie Craig (MN-02)

    Lakeville, MN – Today, U.S. Representative Angie Craig announced $330,750 in federal grant funding for the Mega Stop Inc., a truck stop in Lakeville, to help expand their access to homegrown biofuels.

    This funding comes as a Higher Blends Infrastructure Incentives Program grant, which is part of a $239 million investment, made in the Inflation Reduction Act, to increase the availability of domestic biofuels in 18 states and give Americans cleaner, more affordable fuel options. 

    “Bolstering domestic biofuel production supports Minnesota’s family farmers and lowers prices at the pump for working Minnesotans – it’s a win-win for everybody,” said Rep. Craig. “I was proud to work to pass the Inflation Reduction Act and I’ll keep working to invest in the all-of-the-above energy approach we need to lower energy costs and combat climate change.”

    The Inflation Reduction Act, which passed in 2022 with Rep. Craig’s support, made the largest investment ever in homegrown biofuels infrastructure.

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    MIL OSI USA News –

  • MIL-OSI New Zealand: Save the Children – World more dangerous than ever for children with crimes in conflict at highest ever in 2023

    Source: Save the Children

    The number of grave violations committed against children in war rose 15% in 2023 to the highest level since reporting started in 2005 with the biggest increases in Sudan and the occupied Palestinian territory, according to new report by Save the Children [1].
    The report Stop the War on Children – Pathways to Peace  analysed the number of verified grave violations against children in conflict since such records began, with the crimes including killing, maiming and abduction, sexual violence, recruitment into armed groups, attacks on schools and hospitals, and denial of humanitarian access to children.
    The report found 31,721 documented cases of grave violations against children [2] in conflict took place in 2023, which equated to an average of 86 crimes against children per day, eclipsing the previous record set in 2022.
    The largest total number of crimes were committed in the occupied Palestinian territory where 8,434 grave violations were verified – a quarter of the total number – and a 170% jump on the year before. This was followed by the Democratic Republic of Congo (with 3,805 verified cases, up from 2,420 cases in 2022) and Somalia (with 2,290 verified cases, slightly down from 2,783 cases in 2022).
    The biggest relative increase in grave violations was recorded in Sudan, where cases increased fivefold since 2022 from 317 cases to 1,759 cases.
    An horrific 11,338 cases of killing and maiming of children in conflict were documented around the world in 2023, representing a 31% rise compared to the previous year. This was the equivalent to an average of 31 children per day – an entire classroom – losing their life or being maimed. More than a third were Palestinian children.
    Incidents of denial of humanitarian access – another grave violation against children in conflict – also reached an historic high with 5,158 incidents in 2023, compared to 3,931 the previous year – and more than 11 times higher than a decade ago. The occupied Palestinian territory recorded 3,250 incidents of denial of humanitarian access in 2023, the highest number ever recorded in any conflict setting.
    The report also revealed that the last three decades have witnessed a staggering increase in the number of children living under the weight of war, with the number reaching 473 million children – or 19% of the world’s child population – in 2023 [3]. This share has nearly doubled from around 10% of the world’s child population in the mid-1990s, as children’s right to protection in conflict continued to be obliterated [4]
    The report analysed global military spending and found it rose to $2.4 trillion in 2023 – or more than the entire GDP of Italy – while investments in peace and conflict prevention dwindled. The economic impact of violence, including the costs of prevention, containment, and addressing its consequences, has steadily risen, reaching $19.1 trillion in purchasing power parity (PPP) terms in 2023.
    Sharmarke-, a 12-year-old boy living in Puntland, Somalia, lost his brother in the ongoing conflict in his homeland and yearns for peace. He said:
    “If I had one wish, it would be for peace in Somalia. Peace is something that we have been without for so long that many of us don’t even know what it feels like. I wish for a country where families like mine don’t have to run from their homes in fear, where children can go to school without being afraid. Somalia has been broken by war, and it’s time for us to heal.”
    Inger Ashing, CEO of Save the Children International, said:
    “This report is devastating and leaves no doubt that the world is getting more dangerous for children. For so much of humanity we have seen progress on children’s rights and their protection, but in countries at war, the situation is sharply declining.
    “We are seeing global military spending continuing to climb, while investments in conflict prevention are on the decline. The consequences of this misplaced focus are devastating. Ongoing conflicts in the DRC, occupied Palestinian territory, Sudan, and Ukraine, and so many other countries, have witnessed a horrific escalation in attacks against children, schools, and hospitals.
    “These violations have ignited a global outcry and yet we haven’t seen any real and meaningful pledges for peace.
    “States must take action. They need to uphold standards of conduct in conflict. They must hold perpetrators to account. They must protect humanitarian access. They need long term plans for peace. And they need to support children’s resilience and recovery. The future of millions of children depends on immediate and decisive global action.”
    Gudrun Østby, Research Professor at the Peace Research Institute Oslo, said:
    “The documented cases of crimes against children in conflict zones are horrific, yet these figures likely only scratch the surface. With an estimated 473 million children-or 19% globally -living in conflict areas, each of these children has a unique story and conflict experience.”
    “Over the past few decades, the number of children living in conflict settings has risen steadily. The global share of children at risk due to conflict has nearly doubled since the 1990s. Now, more than ever, the need to protect the millions of children in conflict zones is both critical and urgent.”
    Save the Children’s analysis also uncovered an alarming number of UN member states have signed onto less than half of the international legal and political instruments that provide protection children in conflict. As many as 43 UN members, or more than 20%, many of which are involved in armed conflict, have failed to sign or endorse more than six of the twelve instruments, showing a large gap in commitment to child protection. At the same time, arms sales continue to fuel conflicts, with weapons being transferred to actors notorious for violating children’s rights [5].
    Peaceful childhoods are a critical part of building peaceful societies. As government leaders and civil society, including activists, survivors, and young people, prepare to meet at the inaugural Global Ministerial Conference on Violence Against Children in Colombia next month, this report highlights the urgent need for intensified global action to combat violence against children in conflict and build a safer future for children worldwide. Despite the degradation of the rules-based order, there are reasons for optimism, including advancements in accountability, effective implementation practices, and growing popular mobilization for peace and safety for children.
    NOTES:
    • [1] Analysis by Save the Children of the 2024 United Nations annual report of the Secretary-General on children and armed conflict, based on data reported and verified in 2023. The analysis also draws on previous Save the Children mapping of the number of grave violations in the reports on children and armed conflict from 2005-23. Unlike the annual UN reports on children and conflict, we have included verified incidents of military use of hospitals and schools under the grave violation attacks on schools and hospitals when we add up the grave violations in each conflict setting.
    • [2] The six grave violations against children: the UN Security Council has identified six grave violations against children in situations of armed conflict: killing and maiming of children; recruitment or use of children in armed forces and groups; rape and other forms of sexual violence against children; abduction of children; attacks against schools and hospitals; and denial of humanitarian access to children. These grave violations were defined on the basis of their egregious nature and their severe impact on children’s wellbeing. In addition to the six violations, the annual UN has verified cases of detention of children since 2012 and presented them in the report.
    • [3] Updated data on the number of children living in conflict zones conducted by the Peace Research Institute (PRIO), Oslo based on Uppsala Conflict Data Program’s Georeferenced Event Dataset (UCDP GED) cross-referenced with population data from Gridded Population of the World (GPW) and from the UN (2023).
    • [4] Figure 2, page 5. The share was 9,7% in 1995.
    • [5] Including the Safe Schools Declaration, Paris Commitments and the Explosive Weapons in Populated Areas (EWIPA) declaration.

    MIL OSI New Zealand News –

  • MIL-OSI USA: Disaster Recovery Center Opens in Polk County

    Source: US Federal Emergency Management Agency

    Headline: Disaster Recovery Center Opens in Polk County

    Disaster Recovery Center Opens in Polk County

    RALEIGH, N.C. –  A Disaster Recovery Center (DRC) will open Friday, Nov. 1 in Mill Spring (Polk County) to assist North Carolina survivors who experienced loss from Tropical Storm Helene.  The Polk County DRC is located at:  Polk County Recreation Complex (Parking Lot)235 Wolverine TrailMill Spring, NC 28756Open: 8 a.m. – 7 p.m., Monday through SundayA DRC is a one-stop shop where survivors can meet face-to-face with FEMA representatives, apply for FEMA assistance, receive referrals to local assistance in their area, apply with the U.S. Small Business Administration (SBA) for low-interest disaster loans and much more.  FEMA financial assistance may include money for basic home repairs, personal property losses or other uninsured, disaster-related needs, such as childcare, transportation, medical needs, funeral or dental expenses. To find additional DRC locations, go to fema.gov/drc or text “DRC” and a zip code to 43362. Additional recovery centers will open soon. All centers are accessible to people with disabilities or access and functional needs and are equipped with assistive technology.   Homeowners and renters in 39 North Carolina counties and tribal members of the Eastern Band of Cherokee Indians can visit any open center, including locations in other states. No appointment is needed.  It is not necessary to go to a center to apply for FEMA assistance. The fastest way to apply is online at DisasterAssistance.gov or via the FEMA app. You may also call 800-621-3362. If you use a relay service, such as video relay, captioned telephone or other service, give FEMA your number for that service. 
    barbara.murien…
    Thu, 10/31/2024 – 19:29

    MIL OSI USA News –

  • MIL-OSI USA: Casey Trees Workers Vote to Unionize and Prepare for First Contract Negotiations

    Source: US GOIAM Union

    Casey Trees Workers in Washington, D.C. voted in August to unionize with the IAM in a 22-6 vote. Casey Trees was started in 2001 with the goal of restoring, enhancing, and protecting the Capitol’s canopy. In addition to beautifying the District, a robust tree canopy helps lower temperatures on streets and surrounding buildings in the summer, can reduce flooding after storms, and absorbs pollution year round.

    With negotiations coming up soon, workers are collectively deciding their bargaining priorities. The unit includes the public facing Tree Operations department as well as Admin, Education, Communications & Development, and Policy & Land Conservation departments that make the work possible before a shovel ever hits the ground.

    Urban Forester and Tree Planter, Shaveen Roberts, hopes for better pay amidst rising housing costs and more days off during severe inclement weather. Like his coworkers, he enjoys landscaping and working outside. Too often, management takes the love workers have for their professions for granted, excluding them from the decisions that affect them most or making them feel unappreciated. By becoming union members, Casey Trees workers have gained the voice they were seeking, while remaining fulfilled in their work.

    Jonathan Carney, Urban Forester at Casey Trees, helps determine appropriate places to plant trees in DC. In addition to positive environmental and health impacts, adding trees, he says, can add a “sense of place” to otherwise unremarkable pockets of the city. Carney likes his work and wanted a union to codify the aspects of the jobs he enjoys. “Being in a union is for the betterment of all working people.” 

    Michael Carter, Crew Member of three years and DC native, enjoys the ability to plant trees where he’s grown up. Carter was elected to the negotiation committee, where he helps relay concerns from all teams to management. “We’re in the planning stage where we’re trying to get our ideas together, and decide the things we want and are entitled to.”

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    MIL OSI USA News –

  • MIL-OSI USA: Hageman Files Amicus Brief in Support of Fourth Amendment Rights

    Source: United States House of Representatives – Wyoming Congresswoman Harriet Hageman

    Washington, DC – Today, Congresswoman Harriet Hageman, joined by Senators Cynthia Lummis, R-WY, Rand Paul, R-KY, and Ron Wyden, D-OR, and Representatives Dan Bishop, R-NC, Thomas Massie, R-KY, and Nikema Williams, D-GA, filed an amicus brief in the case of Martin v United States, a Federal Tort Claims Act (FTCA) challenge against the U.S. due to a wrongful raid conducted by the FBI. 

    Representative Hageman stated, “When the government infringes upon a citizen’s Constitutional rights there must be methods of redress for those who were wronged. The FBI clearly violated the Fourth Amendment rights of Ms. Martin and her family, and it is critically important that they have legal redress. Congress has provided Americans with an avenue to protect their individual natural, including those and victims of wrongful federal law enforcement raids. Courts have no right to ignore those protections in order to arbitrarily grant immunity to the FBI, and in doing so in this case the appellate judges have blatantly subverted the laws enacted by Congress. The FBI must be held accountable for the physical and emotional damages it inflicted by wrongfully raiding Curtrina Martin’s home.”

    Background: 

    • In 2017, as part of an anti-gang operation, FBI agents executed a warrant for a specific gang member, raiding the wrong home of Curtrina Martin. Martin, her child, and boyfriend were awoken when agents detonated a flash grenade and ripped the door off its hinges. Her boyfriend was handcuffed, and Martin held at gunpoint. After the FBI noticed it was at the wrong address, the agents ended the raid without explanation. 
    • Congress enacted the FTCA in 1946 to allow U.S. persons to sue the federal government for torts, including harms that result in legal liability, committed by persons acting on behalf of the government. Congress expanded this accountability measure in the 1970s to address federal law enforcement actions in response to a series of wrongful drug raids on innocent persons.  
    • Ms. Martin filed for redress against the United States under the FTCA, alleging violation of Fourth Amendment rights. The 11th circuit dismissed her claims on a faulty application of the Constitution’s Supremacy Clause. If allowed to stand, this decision would effectively gut the FTCA, and the accountability it provides, for not just Curtrina Martin, but all Americans, and would deal a serious blow to the separation of powers that underpins our Constitutional republic. 

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    Contact: Chris Berardi, Sr. Advisor/Communications Director

    MIL OSI USA News –

  • MIL-OSI Canada: The NFB at RIDM 2024. Kim O’Bomsawin’s Ninan Auassat: We, the Children chosen to close the festival. Wilfred Buck by Lisa Jackson screening in competition.

    Source: Government of Canada News

    The National Film Board of Canada (NFB) will be at the 27th Montreal International Documentary Festival (RIDM) with two feature films, including this year’s closing film, Ninan Auassat: Nous, les enfants (Ninan Auassat: We, the Children, NFB), by Abenaki filmmaker Kim O’Bomsawin. Wilfred Buck (Door Number 3 Productions/NFB), by Anishinaabe filmmaker Lisa Jackson, will also be screening at RIDM, where it will be having its Quebec premiere.

    October 30, 2024 – Montreal – National Film Board of Canada (NFB)

    The National Film Board of Canada (NFB) will be at the 27th Montreal International Documentary Festival (RIDM) with two feature films, including this year’s closing film, Ninan Auassat: Nous, les enfants (Ninan Auassat: We, the Children, NFB), by Abenaki filmmaker Kim O’Bomsawin. Wilfred Buck (Door Number 3 Productions/NFB), by Anishinaabe filmmaker Lisa Jackson, will also be screening at RIDM, where it will be having its Quebec premiere. Both titles are in the Magnus Isacsson Competition. The short film Nalujuk Night (NFB, 2021), by Inuk visual artist Jennie Williams, will be shown as part of the Doc-to-Doc program, where directors whose latest projects are screening at RIDM discuss films they’d like audiences to discover. RIDM will take place from November 20 to December 1, 2024.

    Closing film: Ninan Auassat: We, the Children by Kim O’Bomsawin

    Ninan Auassat: Nous, les enfants (Ninan Auassat: We, the Children) by Kim O’Bomsawin (93 min) – Quebec premiere
    Produced at the NFB by Mélanie Brière, Nathalie Cloutier and Colette Loumède
    Press kit: mediaspace.nfb.ca/epk/ninan_auassat_en

    • The film will screen in competition as it makes its Quebec premiere during the festival’s closing night on November 30 (screening by invitation only) at the Cineplex Odeon Quartier Latin Cinema, with the filmmaker in attendance. This will be followed at 10:30 p.m. by a concert at the Cinémathèque Québécoise featuring the electro-pop/soul sounds of Huron-Wendat singer-songwriter Eadsé, presented by the NFB and RIDM and open to all. A second screening of the film, open to the public, is scheduled for December 1 at 3 p.m. at the Cinémathèque québécoise, followed by a Q&A with the filmmaker.
    • Ninan Auassat celebrates the power and vitality of Indigenous youth. Shot over more than six years, the film brings us the moving stories of three groups of children from three different Indigenous nations—Atikamekw, Eeyou Cree and Innu. Filmed from “a child’s eye-view” and without adult voices and “experts” on young people, the film reveals the dreams of a new generation poised to take flight. The feature film recently received the Tides Award for Best Canadian Documentary at the Vancouver International Film Festival.
    • Kim O’Bomsawin is an award-winning Abenaki documentary filmmaker and sociologist who’s deeply passionate about sharing the stories of Indigenous Peoples. Her recent credits include the feature-length documentary Call Me Human (Je m’appelle Humain), honoured at the Gémeaux Awards in 2020, and her series Telling Our Story, shown in TIFF’s Primetime program in 2023.

    Ninan Auassat: We, the Children will have its theatrical release in Quebec in spring 2025.

    Lisa Jackson’s Wilfred Buck screening in competition

    Wilfred Buck by Lisa Jackson (92 min) – Quebec premiere
    Co-produced by Lisa Jackson and Lauren Grant (Door Number 3 Productions) and Alicia Smith (NFB). Executive producers: Jennifer Baichwal, Nicholas de Pencier and David Christensen (NFB).
    Press kit: mediaspace.nfb.ca/epk/wilfred-buck

    • A Top 5 Audience Favourite at this year’s Hot Docs, the film will have its Quebec premiere and screen in competition on November 22 at 8:30 p.m. at the Cinéma du Musée. A second screening is scheduled for November 24 at 3:30 p.m., also at the Cinéma du Musée. The filmmaker will be present at both screenings to take questions from the audience afterward.
    • He’s from the “fresh-out-of-the-bush, partly civilized, colonized, displaced people,” and he’s here to take us to the stars. Lisa Jackson’s portrait of Cree Elder Wilfred Buck moves between earth and sky, past and present, bringing to life ancient teachings of Indigenous astronomy and cosmology to tell a story that spans generations. Adapted from Buck’s rollicking memoir I Have Lived Four Lives, the film weaves together stories from his life, including his harrowing young years of displacement and addiction.
    • Lisa Jacksonis an Anishinaabe (Aamjiwnaang) filmmaker whose work has garnered two Canadian Screen Awards, been nominated for a Webby and screened at top festivals including Sundance, Tribeca, SXSW, London BFI and Hot Docs. Her 2018 NFB VR experience Biidaaban: First Light was viewed by more than 25,000 people, while her film Indictment won Best Doc at imagineNATIVE. Jackson has been honoured with the 2022 Chicken & Egg Award as well as the 2021 DOC Vanguard Award.

    Wilfred Buck will be available on Crave in December 2024.

    – 30 –

    Stay Connected

    Online Screening Room: NFB.ca
    NFB Facebook | NFB Twitter | NFB Instagram | NFB Blog | NFB YouTube | NFB Vimeo
    Curator’s perspective | Director’s notes

    About the NFB

    Lily Robert
    Director, Communications and Public Affairs, NFB
    C.: 514-296-8261
    l.robert@nfb.ca

    MIL OSI Canada News –

  • MIL-OSI USA: Bergman Leads on Call for Election Integrity in Michigan

    Source: United States House of Representatives – Congressman Jack Bergman (MI-1)

    Today, Representative Jack Bergman led Michigan Republican Members of Congress in sending a letter to Michigan Secretary of State Jocelyn Benson demanding answers on Michigan’s elections and urging her to protect election integrity.

    Following reports of a Chinese national University of Michigan student – who is not a U.S. citizen – casting a ballot for the upcoming Presidential election, Rep. Jack Bergman, joined by Reps. John Moolenaar, Bill Huizenga, Tim Walberg, John James, and Lisa McClain, wrote a letter to Secretary Jocelyn Benson outlining their concerns and demanding answers on this issue.

    You can read the letter here or below:

    Secretary Benson:

    As you know, the State of Michigan will play a pivotal role in next week’s election, potentially deciding who will become the 47th President of the United States and which party will control the United States Congress.

    On October 22, 2024, you made the following statement: “Let me be clear: We have secure elections in Michigan.” Furthermore, you testified before the Committee on House Administration on September 11, 2024, stating there is “no evidence non-citizens are voting.” And yet, according to a recent report by The Detroit News, a University of Michigan student who is a Chinese national – and not a U.S. citizen – allegedly cast a ballot for the upcoming presidential election. The report goes on to note that his ballot will be counted.

    Only U.S. citizens are legally permitted to vote in federal elections. You acknowledged this fact during a recent interview on CNN, noting that “Only US citizens can vote in our elections, and secure processes are in place in every state to ensure and reinforce that.” Clearly, this acknowledgement is at odds with the aforementioned report.

    Having instances of non-citizens voting, however isolated they may be, puts doubt into the minds of the millions of Michiganders who entrust you with ensuring our elections are secure, free, and fair, and that the results are valid.

    With this in mind, we would like you to answer the following questions:

    1. What steps is your office taking to verify the citizenship and residency of individuals registering to vote in Michigan to ensure only eligible voters participate in the upcoming election?

    2. Will you commit to prosecuting ineligible voters, like the Chinese University of Michigan student, to the fullest extent of the law?

    3. How is the Michigan Secretary of State’s office addressing potential risks related to ineligible individuals voting, and what security measures are in place to protect the integrity of the voter rolls?

    4. What avenues of recourse are available to ensure improper ballots are not counted? And will you pursue them?

    Please respond no later Friday, November 1, 2025, at 5 p.m.

    MIL OSI USA News –

  • MIL-OSI USA: Ahead of Winter, Congresswoman Lee Announces $15 Million in Federal Investments to Lower Energy Costs in Nevada

    Source: United States House of Representatives – Congresswoman Susie Lee (NV-03)

    WASHINGTON – Today, Congresswoman Susie Lee (NV-03) announced that the Department of Health & Human Services (HHS) is delivering $15 million in Low Income Home Energy Assistance Program (LIHEAP) investments to help lower energy costs for low-income families ahead of the winter season.

    For more than 40 years, the LIHEAP program has provided federal assistance for families to protect their homes against hot summers and cold winters. LIHEAP helps prevent energy shutoffs, restore services, make minor energy-related home repairs, and weatherize homes to make them more energy efficient.

    The investment comes in part through the Bipartisan Infrastructure Law, which Lee helped negotiate and pass.

    “Lowering energy costs are top of mind for southern Nevadans, especially as temperatures start to drop this winter,”said Congresswoman Susie Lee. “Federal investments like this can give working families a little bit more breathing room. I’m glad that I could help play a part in delivering these investments through the Bipartisan Infrastructure Law.” 

     

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    MIL OSI USA News –

  • MIL-OSI Security: Two sent to prison for roles in cartel-linked human smuggling scheme

    Source: Office of United States Attorneys

    LAREDO, Texas – Two individuals have been sentenced to prison for their roles in an extensive human smuggling conspiracy involving Cartel del Noreste (CDN), announced U.S. Attorney Alamdar S. Hamdani. 

    Laredo resident Francisco Suarez, 20, and Luis Daniel Segura Guzman, 26, a Mexican citizen residing in Laredo. Suarez pleaded guilty Dec. 20, 2023, and Jan. 18, respectively.    

    U.S. District Judge Diana Saldaña has now imposed a 33-month term of imprisonment for Suarez, while Segura received 30 months. Both must serve three years of supervised release following their sentences. Not a U.S. citizen, Guzman is expected to face removal proceedings following his imprisonment. At the hearing, the court heard additional evidence that Suarez and Segura were a part of Los Fantasmas, a gang and alien smuggling organization who works hand-in-hand with Mexican cartels. Judge Saldaña imposed sentencing enhancements that held each responsible for smuggling at least 100 aliens or more. The court commented that both were “committed to this lifestyle” and noted the importance of imposing a sentence that would deter them from becoming involved in this conduct in the future.  

    Another co-conspirator Bernardo Aniceto Garza, 27, Laredo, also pleaded guilty and is set for sentencing Nov. 4.  

    “Cartel del Noreste, a Mexican cartel, is known for engaging in ruthless acts of violence and extortion to support its drug trafficking operations, and in recent years it has added human smuggling to its list of illicit money-making operations, with Facebook and social media becoming invaluable tools to facilitate its new venture,” said Hamdani. “CDN uses these platforms to recruit, coordinate and expand its criminal operations, reaching broader audiences, while putting countless lives at risk. For years, Suarez and Guzman used Facebook to exploit and profit from vulnerable individuals while also evading detection, but thanks to the efforts of my office, those days are now over.”

    On Aug. 23, 2023, authorities discovered a Facebook post that appeared to be advertising transportation services for undocumented aliens via sleeper cabs of tractor trailers. The investigation revealed Segura coordinated the transportation of three undocumented aliens for approximately $8,000 and arranged for a Garza to make the pickup in Laredo that afternoon.

    Authorities were able to apprehend Garza and found two women and a 15-year-old minor inside a parked tractor. All were citizens of Mexico and El Salvador and illegally present in the United States. Law enforcement also discovered a firearm inside the vehicle Garza was driving.   

    On Sept. 16, 2023, authorities encountered Segura in Laredo. He admitted the CDN had recruited him in Mexico to smuggle aliens and that he worked with Suarez to do so. Law enforcement located a cell phone in Segura’s possession that was still logged into the Facebook account used to advertise and coordinate the August smuggling event.  

    Suarez was acting as a scout in a separate smuggling attempt Sept. 19, 2023, when law enforcement arrested him. He admitted he worked for Garza and had provided him with the three migrants authorities caught Garza transporting. The investigation also identified Suarez as a stash house operator responsible for harboring undocumented individuals. 

    An analysis of Segura’s phone revealed his involvement in the smuggling of at least 133 undocumented individuals. Historical data and messages traced Segura’s smuggling activities back to May 2020. The phone also contained detailed information, including photographs and identifying information of suspected migrants, screenshots of smuggling routes and deposit receipts for payments tied to smuggling services. 

    Authorities found similar information on Suarez’s cell phone which included photos of approximately 300 unique individuals illegally smuggled across the border, including children, dating back to September 2022. 

    The men will remain in custody pending transfer to a U.S. Bureau of Prisons facility to be determined in the near future. 

    Homeland Security Investigations, Laredo Police Department and Border Patrol conducted the Organized Crime Drug Enforcement Task Forces (OCDETF) investigation with the assistance of Customs and Border Protection Air and Marine Operations and the Texas Department of Public Safety. OCDETF identifies, disrupts and dismantles the highest-level criminal organizations that threaten the United States using a prosecutor-led, intelligence-driven, multi-agency approach. Additional information about the OCDETF Program can be found on the Department of Justice’s OCDETF webpage. 

    This sentencing is also the result of the coordinated efforts of Joint Task Force Alpha (JTFA). Attorney General Merrick B. Garland established JTFA in June 2021 to marshal the investigative and prosecutorial resources of the Department of Justice, in partnership with the Department of Homeland Security (DHS), to combat the rise in prolific and dangerous human smuggling and trafficking groups operating in Mexico, Guatemala, El Salvador and Honduras. The initiative was expanded to Colombia and Panama to combat human smuggling in the Darién in June 2024. JTFA comprises detailees from U.S. attorneys’ offices along the southwest border including the Southern District of California, districts of Arizona and New Mexico and the Western and Southern Districts of Texas. Dedicated support is provided by numerous components of the Justice Department’s Criminal Division, led by the Human Rights and Special Prosecutions Section, and supported by the Office of Prosecutorial Development, Assistance and Training; Narcotic and Dangerous Drug Section; Money Laundering and Asset Recovery Section; Office of Enforcement Operations; Office of International Affairs; and the Violent Crime and Racketeering Section. JTFA also relies on substantial law enforcement investment from DHS, FBI, Drug Enforcement Adminstration and other partners. To date, JTFA’s work has resulted in over 325 domestic and international arrests of leaders, organizers and significant facilitators of human smuggling, more than 270 U.S. convictions, more than 210 significant jail sentences imposed and forfeitures of substantial assets.

    Assistant U.S. Attorney and JTFA detailee Jennifer Day prosecuted this case.

    MIL Security OSI –

  • MIL-OSI Security: 56th Security Consultative Meeting Joint Communique

    Source: United States INDO PACIFIC COMMAND

    1. The 56th United States (U.S.)-Republic of Korea (ROK) Security Consultative Meeting (SCM) was held in Washington, D.C., on October 30, 2024. U.S. Secretary of Defense Lloyd J. Austin III and ROK Minister of National Defense Kim Yong Hyun led their respective delegations, which included senior defense and foreign affairs officials. On October 17, 2024, the U.S. Chairman of the Joint Chiefs of Staff, General Charles Q. Brown Jr., and ROK Chairman of the Joint Chiefs of Staff, Admiral Kim Myung-soo, presided over the 49th ROK-U.S. Military Committee Meeting (MCM).

    2. The Secretary and the Minister reaffirmed that the U.S.-ROK Alliance is the linchpin of peace, stability, and prosperity on the Korean Peninsula and beyond based on our shared values, including freedom, human rights, and the rule of law. The two leaders reviewed progress taken during 2024 to implement the “Defense Vision of the U.S.-ROK Alliance,” including enhancing extended deterrence against the Democratic People’s Republic of Korea (DPRK), modernizing Alliance capabilities based on science and technology cooperation, and strengthening solidarity and regional security cooperation with like-minded partners. They noted that the SCM has played a pivotal role in developing the ROK-U.S. Alliance into a Global Comprehensive Strategic Alliance and would continue maintaining its role as a core consultative mechanism to discuss the future development of the Alliance and provide strategic direction.  The two leaders also provided direction and guidance for continued progress in 2025 through a newly endorsed framework of U.S.-ROK bilateral defense consultative mechanisms that effectively and efficiently support Alliance objectives.  Both concurred that the current U.S.-ROK Alliance is stronger than ever and reaffirmed the two nations’ unwavering mutual commitment to a combined defense posture to defend the ROK as stated in the U.S-ROK Mutual Defense Treaty, and as reflected in the Washington Declaration. The two leaders also resolved to continue to strengthen the Alliances’ deterrence and defense posture against DPRK aggression and promote stability on the Korean Peninsula and throughout the region.

    3. The Secretary and the Minister reviewed the current security environment in and around the Korean Peninsula and discussed cooperative measures between the two nations. The Secretary and Minister expressed grave concern that the DPRK continues to modernize and diversify its nuclear and ballistic missile capabilities.  The two sides condemned the DPRK’s multiple missile launches, including ballistic missiles, its attempted launches of a space launch vehicle, and Russian-DPRK arms trade as clear violations of existing UN Security Council resolutions (UNSCRs).  They noted that these actions present profound security challenges to the international community and pose an increasingly serious threat to peace and stability on the Korean Peninsula and throughout the Indo-Pacific region, as well as in the Euro-Atlantic region.

    4. Secretary Austin reiterated the firm U.S. commitment to provide extended deterrence to the ROK, utilizing the full range of U.S. defense capabilities, including nuclear, conventional, missile defense, and advanced non-nuclear capabilities.  He noted that any nuclear attack by the DPRK against the United States or its Allies and partners is unacceptable and would result in the end of the Kim regime in line with the 2022 U.S. Nuclear Posture Review.  He highlighted the increased frequency and routinization of U.S. strategic asset deployments as committed to by President Biden in the Washington Declaration, and noted that these were tangible evidence of the U.S. commitment to defend the ROK.

    5. The two leaders highly appreciated the work of the Nuclear Consultative Group (NCG) inaugurated following the Washington Declaration.  Both applauded the completion on July 11, 2024, of “United States and Republic of Korea Guidelines for Nuclear Deterrence and Nuclear Operations on the Korean Peninsula,” which represents tremendous progress of the NCG commended and endorsed by President Biden and President Yoon. The two leaders affirmed that the completion of the Guidelines established the foundation for enhancing ROK-U.S. extended deterrence in an integrated manner.  Minister Kim noted that, through such progress, the ROK-U.S. Alliance was elevated to a nuclear-based alliance. The two leaders stressed that the principles and procedures contained in the Guidelines enable Alliance policy and military authorities to maintain an effective nuclear deterrence policy and posture.  The Secretary and Minister also welcomed the successful execution of the ROK-U.S. NCG table-top simulations and table-top exercises to enhance decision-making about nuclear deterrence and operations, and planning for potential nuclear contingencies on the Korean Peninsula.  Both sides affirmed that the full capabilities of the two countries would contribute to the Alliance’s combined deterrence and defense posture, and in this regard the Secretary welcomed the recent establishment of the ROK Strategic Command.  The Secretary and Minister directed the NCG to continue swift progress on NCG workstreams, including security protocols and expansion of information sharing; nuclear consultation processes in crises and contingencies; nuclear and strategic planning; ROK conventional support to U.S. nuclear operations in a contingency through conventional-nuclear integration (CNI); strategic communications; exercises, simulations, training, and investment activities; and risk reduction practices.  They noted that such efforts would be coordinated to strengthen capabilities of the ROK and United States to enhance U.S.-ROK extended deterrence cooperation in an integrated manner, and looked forward to receiving regular updates on NCG progress activities at future SCMs.

    6. The two sides pledged to continue coordinating efforts to deter DPRK’s nuclear threat with the Alliance’s overwhelming strength, while continuing to pursue efforts through sanctions and pressure to dissuade and delay DPRK’s nuclear development.  Both leaders stressed the importance of full implementation of UNSCRs by the entire international community, including the People’s Republic of China (PRC) and Russia, both permanent members of the UN Security Council.  The two leaders urged the international community to prevent and respond to DPRK’s sanctions evasion so that it abandons its illegal nuclear and ballistic missile development.  To this end, they decided to work closely with each other and the international community to combat the DPRK’s illegal and malicious cyber activities, cryptocurrency theft, overseas laborer dispatches, and ship-to-ship transfers.  The Secretary and Minister expressed concern that Russia-DPRK military cooperation, which has been intensified since the signing of a Comprehensive Strategic Partnership Treaty between the two, is deepening regional instability.  The two leaders made clear that military cooperation, including illegal arms trade and high-technology transfers between Russia and the DPRK, constitute a clear violation of UNSCRs, and called on Russia to uphold its commitments.  The two leaders also strongly condemned in the strongest terms with one voice that the military cooperation between Russia and the DPRK has expanded beyond transfers of military supplies to actual deployment of forces, and pledged to closely coordinate with the international community regarding this issue. 

    7. Both leaders reiterated the willingness of their Presidents to pursue dialogue and diplomacy, backed by a robust and credible deterrence and defense posture.  In this regard, Secretary Austin expressed support for the goals of the ROK’s Audacious Initiative and President Yoon’s vision of a free, peaceful, and prosperous unified Korean Peninsula, and welcomed President Yoon’s desire to open a path for serious and sustained diplomacy with the DPRK.  Both sides reaffirmed that they remain open to dialogue with the DPRK without preconditions and pledged to continue close coordination.

    8. The Minister and the Secretary noted concerns that the DPRK’s claims of “two hostile countries,” and activities near the Military Demarcation Line (MDL) could threaten peace and the Armistice on the Korean Peninsula.  The two leaders strongly condemned DPRK’s activities that raise tension on the Korean Peninsula, such as multiple unmanned aerial vehicle (UAV) infiltrations in the past, as well as the recent unilateral detonation of sections of inter-Korean roads and ongoing launches of “filth and trash balloons,” and urged the DPRK to immediately cease such activities.  The Secretary and the Minister concurred that the Armistice Agreement remains in effect as an international norm guaranteeing the stable security order on the Korean Peninsula, and that all parties of the Korean War should abide by it while it remains in force.  Both sides noted that the Northern Limit Line (NLL) has been an effective means of separating military forces and preventing military tension over the past 70 years, and urged the DPRK to respect the NLL.

    9. Secretary Austin and Minister Kim reaffirmed the role of the United Nations Command (UNC) in implementing, managing, and enforcing the Korean Armistice Agreement, deterring DPRK aggression, and coordinating a multinational, united response in case of contingencies on the Korean Peninsula.  They reaffirmed that UNC has successfully contributed to those aims for more than 70 years and continues to carry out its mission with the utmost respect for the sovereignty of ROK, the primary host nation.  Both sides welcomed the successful organization of the second ROK-UNC Member States Defense Ministerial Meeting and expressed their appreciation for UNC Member State contributions.  They welcomed the addition of Germany to UNC, and noted that peace and prosperity in the Indo-Pacific, including the Korean Peninsula, and Euro-Atlantic regions are increasingly connected.  The two leaders are determined to continue seeking the expanded participation in UNC by like-minded countries that share the values of the 1953 Washington Declaration, anchored in the principles of the UN Charter and mandates of relevant UNSCRs. Secretary Austin thanked Minister Kim for the ROK’s efforts to support the UNC’s role to maintain and enforce the Armistice Agreement, and to support the defense of the ROK against DPRK aggression.  In this regard, the Secretary and Minister both highlighted their desire to expand combined exercises, information sharing, and interoperability between the ROK, the Combined Forces Command, and UNC Member States.

    10. The Secretary and the Minister also noted the critical role that U.S. forces in the ROK have played for more than 70 years and reaffirmed that U.S. Forces Korea (USFK) continues to play a decisive role in preventing armed conflict on the Korean Peninsula, and in promoting peace and stability in Northeast Asia.  Secretary Austin reiterated the U.S. commitment to maintain current USFK force levels to defend the ROK. 

    11. The Secretary and Minister also reviewed the work of the various bilateral mechanisms such as the U.S.-Korea Integrated Defense Dialogue (KIDD).  They welcomed efforts to enhance information sharing through the U.S. Shared Early Warning System (SEWS) for strengthening the Alliance’s detection capabilities in response to advancing DPRK missile threats.  They also commended the work of the Counter-Missile Working Group (CMWG) and reviewed “the Joint Study on Alliance Comprehensive Counter-Missile Strategy” aimed at informing recommendations for counter-missile capabilities and posture of ROK and United States.  The Secretary and Minister also discussed concrete efforts to strengthen cooperation in space and cyber to robustly deter and defend against growing threats.  They endorsed efforts by the Space Cooperation Working Group (SCWG) to improve space situational awareness information sharing and interoperability, and acknowledged the need to expand ROK participation in exercises and training that can strengthen Alliance space capability and improve resilience against growing space threats.  In particular, the Secretary also welcomed ROK participation in the Joint Commercial Operations (JCO) cell to leverage space industry and strengthen allied space capabilities.  The Secretary and Minister also pledged to deepen cyber cooperation through the Cyber Cooperation Working Group and improve coordination through cyber defense exercises, such as Cyber Alliance and Cyber Flag.  Overall, both leaders expressed appreciation for the continuing cooperation to ensure the Alliance’s space, cyber, and counter-missile efforts to keep pace with the evolving threats posed by the DPRK.

    12. Noting the importance of science and technology (S&T) cooperation, the Secretary and Minister decided to establish the Defense Science and Technology Executive Committee (DSTEC) at the Vice-Minister-Under Secretary level within this year, to guide and prioritize Alliance defense S&T cooperation.  They noted priority areas for cooperation including autonomy, artificial intelligence, and crewed-uncrewed teaming are particularly vital to ensure the ROK is able to achieve the goals of Defense Innovation 4.0 and modernize Alliance capabilities.  Both leaders also welcomed future S&T cooperation related to quantum technologies, future-generation wireless communication technologies, and directed energy to ensure that S&T advancements enhance the combined capabilities of the Alliance.  This included efforts to identify potential areas of collaboration on AUKUS Pillar II.  The Secretary welcomed the Minister’s proposal to host a Defense Science and Technology conference in 2025, and concurred that the DSTEC should leverage this conference to baseline and prioritize Alliance defense S&T collaboration.

    13. The Secretary and Minister also reviewed efforts to improve the interoperability, interchangeability, and resilience of the U.S. and ROK defense industrial base.  They underscored the need to improve efficient and effective collaboration in the development, acquisition, fielding, logistics, sustainment, and maintenance of defense capabilities, and to ensure that S&T advancements are swiftly and seamlessly transitioned into acquisition and sustainment efforts.  Both leaders welcomed progress under the U.S. Regional Sustainment Framework (RSF) and welcomed ROK participation in a Maintenance, Repair, and Overhaul (MRO) pilot project on Air Force aviation maintenance.  The two leaders noted that this pilot project could lead to more bilateral co-sustainment opportunities, and also expand defense industrial collaboration with like-minded partners in the region in light of the ROK’s key role in the Partnership for Indo-Pacific Industrial Resilience (PIPIR) contact group.  The Secretary and Minister also noted with satisfaction the recent U.S. Navy contract with ROK shipyards to conduct MRO services for U.S. vessels, and underscored the potential to expand such work to improve the resilience of the Alliance’s posture in the Indo-Pacific Region.  The Secretary and Minister also recognized the need to improve reciprocal market access to deepen defense industrial cooperation and enhance supply chain resiliency, and are committed to accelerate cooperation with the goal of signing the Reciprocal Defense Procurement Agreement next year based on guidance from both Presidents.

    14. The Secretary and the Minister received and endorsed the MCM Report to the SCM presented by the U.S. Chairman of the Joint Chiefs of Staff, General Charles Q. Brown.  They welcomed the efforts of General Brown, Admiral Kim, and the MCM to enhance military plans, posture, training, exercises, and efforts to coordinate U.S.-ROK Combined Forces Command (CFC) activities and enhance military strength of the Alliance.  The Secretary and Minister concurred that the Freedom Shield 24 (FS 24) and Ulchi Freedom Shield 24 (UFS 24) exercises, which included realistic threats from the DPRK advancing nuclear, missile, space, and cyber threats, enhanced the Alliance’s crisis management and strengthened deterrence and defense capabilities.  In addition, they assessed that combined field training exercises (FTX), which were more extensive than the past year and conducted in land, maritime and air domains, enhanced interoperability and combined operations execution capabilities.  Based on such outcomes, both leaders decided to continue strengthening combined exercises and training in line with the rapidly changing security environment of the Korean Peninsula, and further decided that future combined exercises should include appropriate and realistic scenarios including responses to DPRK nuclear use.  The Secretary and the Minister also emphasized that ensuring consistent training opportunities for USFK is critical to maintaining a strong combined defense posture.  Secretary Austin noted the efforts of ROK Ministry of National Defense (MND) to improve the training conditions for U.S. and ROK forces and stressed the importance of maintaining close cooperation between USFK and MND for the joint use of ROK facilities and airspace for training. 

    15. Given the growth and diversification of the DPRK’s chemical, biological, radiological, and nuclear (CBRN) weapons and delivery systems, both leaders assessed efforts and works to ensure execution of Alliance missions under a CBRN-challenged environment.  In particular, they welcomed progress by the Countering Weapons of Mass Destruction Committee (CWMDC), including the expansion of information sharing required for nuclear elimination operations consistent with the Nuclear Weapons Non-proliferation Treaty (NPT), and the strengthening of cooperation to prevent proliferation of WMD in the Indo-Pacific region. Both leaders welcomed continued multinational counter-proliferation activities in the region amidst advancements of DPRK nuclear and missile program and intensification of arms trade between Russia and the DPRK following the Comprehensive Strategic Partnership Treaty.  Secretary Austin expressed appreciation for ROK contributions to various global security efforts such as Proliferation Security Initiative (PSI), and the Minister and the Secretary concurred on the importance of maintaining cooperative efforts to enforce relevant counter-proliferation UNSCRs.

    16. The Secretary and Minister also reviewed the progress and works to fulfill the Conditions-based Wartime Operational Control (OPCON) Transition Plan (COTP).  Both leaders reaffirmed that the conditions stated in the bilaterally approved COTP must be met before wartime OPCON is transitioned in a stable and systematic manner.  They received the results of the annual U.S.-ROK bilateral evaluation on the capabilities and systems for conditions #1 and #2 based on the bilaterally-approved assessment criteria and standards.  Both leaders affirmed that there was a significant progress of this year’s bilateral evaluation on readiness posture and capabilities, and pledged to continue close consultations between the ROK and the United States. for the establishment of the Future-CFC.  The Secretary and the Minister also reaffirmed that Future-CFC Full Operational Capability (FOC) Certification would be pursued when the results of the bilateral evaluation on the capabilities and systems of conditions #1 and #2 meet the mutually approved levels.  Regarding condition #3, the Secretary and the Minister decided to remain in close consultation for the assessment of the security environment.  Both sides pledged to support continued evaluation and progress in wartime OPCON transition implementation through annual MCMs and SCMs, and affirmed that the wartime OPCON transition would strengthen ROK and Alliance capabilities and the combined defense posture. 

    17. The Secretary and the Minister reviewed the regional security environment, and plans to expand U.S.-ROK security cooperation throughout the Indo-Pacific region to support maintaining a free and open Indo-Pacific that is connected, prosperous, secure, and resilient.  They also reaffirmed support for Association of Southeast Asian Nation (ASEAN) centrality and the ASEAN-led regional architecture as well as regional efforts of the Pacific Islands Forum.  In particular, the two leaders noted the importance of enhancing cooperation during the implementation of both the ROK and U.S. respective strategies for the Indo-Pacific region.  To this end, the Secretary and the Minister endorsed the “Regional Cooperation Framework for U.S.-ROK Alliance Contributions to Security in the Indo-Pacific,” and discussed priorities areas and partners to better respond to the complex regional and global security situation.  After reviewing the work of the ROK-U.S. Regional Cooperation Working Group (RCWG), both leaders reaffirmed their commitment to strengthen defense cooperation with ASEAN members and work together with the Pacific Island Countries to contribute to regional security.  The Secretary and the Minister also acknowledged the importance of preserving peace and stability in the Taiwan Strait as reflected in the April 2023 “Joint Statement in Commemoration of the 70th Anniversary of the Alliance between the United States of America and the Republic of Korea.”  

    18. The Secretary and the Minister reflected on the remarkable progress made during 2024 to fulfill the historic understandings at the Camp David Summit.  They welcomed the Memorandum of Cooperation on the Trilateral Security Cooperation Framework (TSCF), signed by the Ministers and the Secretary of the United States, ROK, and Japan in July, along with enhanced sharing of missile warning information and efforts to systematically conduct trilateral exercises, including the first execution of the multi-domain trilateral exercise FREEDOM EDGE.  The Secretary and the Minister reaffirmed their commitment to continuing to promote and expand trilateral security cooperation including senior-level policy consultations, trilateral exercises, information sharing, and defense exchange cooperation.

    19. The two sides also took the opportunity to reaffirm that expediting the relocation and return of U.S. military bases in the ROK is in the interests of both countries, and decided to work closely to ensure the timely return of the bases in accordance with the Status of Forces Agreement (SOFA) and related agreements.  The two leaders noted the significance of the complete construction of Yongsan Park, and pledged to expedite the remaining return of Yongsan Garrison.  The Minister and the Secretary also reaffirmed their mutual commitment to discuss the return of other U.S. military bases through regular consultations through SOFA channels to reach mutually acceptable outcomes in the future.

    20. Secretary Austin expressed his gratitude that the ROK is contributing toward ensuring a stable environment for U.S. Forces Korea.  The Secretary and Minister also welcomed the recent conclusion of consultations related to a 12th Special Measures Agreement (SMA), and concurred that it would greatly contribute to the strengthening of the U.S.-ROK combined defense posture.

    21. Secretary Austin and Minister Kim affirmed that the discussions during the 56th SCM and the 49th MCM contributed to strengthening the U.S.-ROK Alliance with a vision toward the further development of a truly global alliance.  The two leaders commended the U.S. and ROK military and civilian personnel that worked to strengthen the bond of the Alliance, and expressed appreciation for their shared commitment and sacrifice.  Both sides expect to hold the 57th SCM and 50th MCM in Seoul at a mutually convenient time in 2025.

    MIL Security OSI –

  • MIL-OSI USA: Attorney General Bonta and Governor Newsom Issue Statements on Appellate Victory Against Huntington Beach’s Federal Challenge to State Housing Laws

    Source: US State of California

    Wednesday, October 30, 2024

    Contact: (916) 210-6000, agpressoffice@doj.ca.gov

    OAKLAND — California Attorney General Rob Bonta and Governor Gavin Newsom today issued the following statements in response to the unanimous decision by a three-judge panel of the U.S. Court of Appeals for the Ninth Circuit affirming the district court’s dismissal of the City of Huntington Beach’s federal lawsuit challenging the constitutionality of state housing laws: 

    “I am pleased that yet another court has emphatically rejected Huntington Beach’s attempt to exempt itself from state housing laws,” said Attorney General Bonta. “While the City has been wasting the public’s time and money pursuing this meritless lawsuit, its neighboring communities — along with every Californian struggling to keep a roof over their heads or wondering where they’re going to sleep tonight — need Huntington Beach to step up and adopt a housing plan without further delay. My office will continue pursuing all remedies in the state case against the City, where the court has already determined the City violated the state’s Housing Element Law.”   

    “Today, yet another court has slapped down Huntington Beach’s cynical attempt to prevent the state from enforcing our housing laws,” said Governor Newsom. “Huntington Beach officials’ continued efforts to advance plainly unlawful NIMBY policies are failing their own citizens — by wasting time and taxpayer dollars that could be used to create much-needed housing. No more excuses — every city must follow state law and do its part to build more housing.”

    A copy of the decision can be found here.

    # # #

    MIL OSI USA News –

  • MIL-OSI: Prospera Energy Inc. Announces Change of Auditor

    Source: GlobeNewswire (MIL-OSI)

    CALGARY, Alberta, Oct. 30, 2024 (GLOBE NEWSWIRE) — Prospera Energy Inc. (PEI: TSX-V; OF6A: FRA) (“Prospera” or the “Corporation“)

    Prospera. announces that it has changed its auditors from Crowe MacKay LLP (the “Former Auditor”) to MNP LLP (the “Successor Auditor”) effective October 8, 2024. There were no reservations in the Former Auditor’s audit report for any financial period during which the Former Auditor was the Corporation’s auditor. There are no ‘reportable events’ (as the term is defined in National Instrument 51-102 – Continuous Disclosure Obligations) between the Corporation and the Former Auditor.

    In accordance with National Instrument 51-102, the Notice of Change of Auditor, together with the required letters from the Former Auditor and the Successor Auditor, have been reviewed by the Corporation’s Audit Committee and filed on SEDAR accordingly.

    About Prospera

    Prospera is a publicly traded energy company based in Western Canada, specializing in the exploration, development, and production of crude oil and natural gas. Prospera is primarily focused on optimizing hydrocarbon recovery from legacy fields through environmentally safe and efficient reservoir development methods and production practices. Prospera was restructured in the first quarter of 2021 to become profitable and in compliance with regulatory, environmental, municipal, landowner, and service stakeholders.

    The company is in the midst of a three-stage restructuring process aimed at prioritizing cost effective operations while appreciating production capacity and reducing liabilities. Prospera has completed the first phase by optimizing low hanging opportunities, attaining free cash flow, while bringing operation to safe operating condition, all while remaining compliant. Currently, Prospera is executing phase II of the restructuring process, the horizontal transformation intended to accelerate growth and capture the significant oil in place (400 million bbls). These horizontal wells allow PEI to reduce its environmental and surface footprint by eliminating the numerous vertical well leases along the lateral path. Phase III of Prospera’s corporate redevelopment strategy is to optimize recovery through EOR applications. Furthermore, Prospera will pursue its acquisition strategy to diversify its product mix and expand its core area. Its goal is to attain 50% light oil, 40% heavy oil and 10% gas.

    The Corporation continues to apply efforts to minimize its environmental footprint. Also, efforts to reduce and eventually eliminate emissions, alongside pursuing innovative ESG methods to enhance API quality, thereby achieving higher margins and eliminating the need for diluents.

    For Further Information:
    Shawn Mehler, PR
    Email: investors@prosperaenergy.com
    Website: www.prosperaenergy.com

    FORWARD-LOOKING STATEMENTS

    This news release contains forward-looking statements relating to the future operations of the Corporation and other statements that are not historical facts. Forward-looking statements are often identified by terms such as “will,” “may,” “should,” “anticipate,” “expects” and similar expressions. All statements other than statements of historical fact included in this release, including, without limitation, statements regarding future plans and objectives of the Corporation, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.

    Although Prospera believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because Prospera can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. These include, but are not limited to, risks associated with the oil and gas industry in general (e.g., operational risks in development, exploration and production; delays or changes in plans with respect to exploration or development projects or capital expenditures; the uncertainty of reserve estimates; the uncertainty of estimates and projections relating to production, costs and expenses, and health, safety and environmental risks), commodity price and exchange rate fluctuations and uncertainties resulting from potential delays or changes in plans with respect to exploration or development projects or capital expenditures.

    The MIL Network –

  • MIL-OSI USA: Manchin Speaks At West Virginia Broadcasters Association Meeting

    US Senate News:

    Source: United States Senator for West Virginia Joe Manchin
    October 30, 2024
    Charleston, WV – Today, U.S. Senator Joe Manchin (I-WV) spoke at the West Virginia Broadcasters Association (WVBA) meeting in Charleston. WVBA is a member-driven trade association that provides critical support to stations throughout West Virginia.
    “The West Virginia Broadcasters Association is an incredibly important organization that has been representing and serving West Virginia commercial radio and television stations since 1946,” said Senator Manchin. “In my time in office, I have strongly supported and advocated for several critical pieces of legislation to ensure people across the Mountain State are connected to commercial radio and television. It’s been an honor of a lifetime to serve you all and I look forward to hearing more about all the good work being done at the WVBA.”
    Photos from the event are available here.

    MIL OSI USA News –

  • MIL-OSI Russia: IMF Releases the 2024 Financial Access Survey Results

    Source: IMF – News in Russian

    October 30, 2024

    Washington, DC: The International Monetary Fund (IMF) released the results of the 2024 Financial Access Survey (FAS), marking the 15th anniversary of the FAS. The report “FAS: 2024 Highlights,” published along with the data release, summarizes the key trends on access to and usage of financial services over the past few years. Established in 2009, the FAS has played a crucial role in providing essential data to develop and evaluate financial inclusion policies, a topic of key relevance for the IMF, as it fosters broader economic participation, reduces inequalities, promotes inclusive growth, and aids in achieving the Sustainable Development Goals (SDGs). The FAS stands as the most comprehensive annual supply-side database on financial inclusion, boasting nearly complete global coverage. It covers 192 economies, featuring 121 series and 70 normalized indicators for global comparison. The FAS dataset spans from 2004 to 2023, and it continues to evolve in line with financial innovations such as the provision of digital financial services and the increasing demand for gender-disaggregated data.

    Digital Financial Services Continue to Make Gains

    There has been a substantial increase in the usage of non-traditional financial services, including mobile and internet banking, with mobile money being particularly important in Sub-Saharan Africa. Yet, usage of traditional financial services remains essential in many economies. For example, from 2013 to 2019, deposit accounts per 100 adults increased by over 40% in emerging and developing Europe and Sub-Saharan Africa. The growth of digital financial services has also led to an increase in non-traditional access points, such as retail and mobile money agents, while traditional access methods like ATMs and bank branches have seen a decline, especially since the COVID-19 pandemic (Figure).

    Traditional and Non-traditional Access Points in Recent Years (2019 to 2023)

    (Number of Access Points Per 100,000 Adults)
     

    Source: Financial Access Survey and IMF staff calculations.

    Notes: These charts show the weighted average by region for economies whose data are available for 2019–2023. Country coverage differs across indicators depending on data availability. While three economies from Latin America and the Caribbean (El Salvador, Colombia, and Haiti) report data on number of registered mobile money agents, none provide data for all five years covered in this chart and are therefore not included.

    Microfinance Institutions Have Continued Supporting Economically Marginalized Groups

    Financing by microfinance institutions has shown resilience amid recent economic shocks. In various economies, borrowing from microfinance institutions increased, as indicated by the growth in the number of accounts and outstanding loans. While commercial banks usually provide larger loan amounts, microfinance institutions serve a broader client base, as evidenced by the larger number of loan accounts compared to those at commercial banks.

    Challenges in Narrowing Gender Gaps Remain 

    Despite the benefits of incorporating women into the financial system, substantial gender gaps in the usage of financial services persist. These gaps are particularly evident in the usage of deposit and loan accounts. Globally, women’s outstanding deposit amounts as percentage of men’s stand at 64 percent, while their outstanding loan balances account for only 46 percent of men’s. In terms of regional differences, advanced economies demonstrate a more gender-equal financial inclusion compared to emerging economies. Among the latter, emerging and developing Europe and Latin America and the Caribbean show relatively higher gender equality.

    Lending to SMEs Declined

    Data from FAS indicate a decrease in the outstanding amounts of SME loans from 2021 to 2023 in most economies that reported this information. Although several supportive policies were introduced during the COVID-19 Pandemic, subsequent developments, including tighter financial conditions and geopolitical tensions, may have contributed to the decline in SME loans.

    Additional Enhancements to the FAS are Being Tested

    To ensure the FAS data remain vital for informing financial inclusion policy, a pilot exercise is underway to assess the potential for enhancing the FAS. This includes incorporating additional gender disaggregation, information on new fintech services, and important factors such as loan pricing and risks, especially for underserved populations.

    IMF Communications Department
    MEDIA RELATIONS

    PRESS OFFICER: Pemba Sherpa

    Phone: +1 202 623-7100Email: MEDIA@IMF.org

    @IMFSpokesperson

    https://www.imf.org/en/News/Articles/2024/10/30/pr-24400-imf-releases-the-2024-financial-access-survey-results

    MIL OSI

    MIL OSI Russia News –

  • MIL-OSI Economics: IMF Releases the 2024 Financial Access Survey Results

    Source: International Monetary Fund

    October 30, 2024

    Washington, DC: The International Monetary Fund (IMF) released the results of the 2024 Financial Access Survey (FAS), marking the 15th anniversary of the FAS. The report “FAS: 2024 Highlights,” published along with the data release, summarizes the key trends on access to and usage of financial services over the past few years. Established in 2009, the FAS has played a crucial role in providing essential data to develop and evaluate financial inclusion policies, a topic of key relevance for the IMF, as it fosters broader economic participation, reduces inequalities, promotes inclusive growth, and aids in achieving the Sustainable Development Goals (SDGs). The FAS stands as the most comprehensive annual supply-side database on financial inclusion, boasting nearly complete global coverage. It covers 192 economies, featuring 121 series and 70 normalized indicators for global comparison. The FAS dataset spans from 2004 to 2023, and it continues to evolve in line with financial innovations such as the provision of digital financial services and the increasing demand for gender-disaggregated data.

    Digital Financial Services Continue to Make Gains

    There has been a substantial increase in the usage of non-traditional financial services, including mobile and internet banking, with mobile money being particularly important in Sub-Saharan Africa. Yet, usage of traditional financial services remains essential in many economies. For example, from 2013 to 2019, deposit accounts per 100 adults increased by over 40% in emerging and developing Europe and Sub-Saharan Africa. The growth of digital financial services has also led to an increase in non-traditional access points, such as retail and mobile money agents, while traditional access methods like ATMs and bank branches have seen a decline, especially since the COVID-19 pandemic (Figure).

    Traditional and Non-traditional Access Points in Recent Years (2019 to 2023)

    (Number of Access Points Per 100,000 Adults)
     

    Source: Financial Access Survey and IMF staff calculations.

    Notes: These charts show the weighted average by region for economies whose data are available for 2019–2023. Country coverage differs across indicators depending on data availability. While three economies from Latin America and the Caribbean (El Salvador, Colombia, and Haiti) report data on number of registered mobile money agents, none provide data for all five years covered in this chart and are therefore not included.

    Microfinance Institutions Have Continued Supporting Economically Marginalized Groups

    Financing by microfinance institutions has shown resilience amid recent economic shocks. In various economies, borrowing from microfinance institutions increased, as indicated by the growth in the number of accounts and outstanding loans. While commercial banks usually provide larger loan amounts, microfinance institutions serve a broader client base, as evidenced by the larger number of loan accounts compared to those at commercial banks.

    Challenges in Narrowing Gender Gaps Remain 

    Despite the benefits of incorporating women into the financial system, substantial gender gaps in the usage of financial services persist. These gaps are particularly evident in the usage of deposit and loan accounts. Globally, women’s outstanding deposit amounts as percentage of men’s stand at 64 percent, while their outstanding loan balances account for only 46 percent of men’s. In terms of regional differences, advanced economies demonstrate a more gender-equal financial inclusion compared to emerging economies. Among the latter, emerging and developing Europe and Latin America and the Caribbean show relatively higher gender equality.

    Lending to SMEs Declined

    Data from FAS indicate a decrease in the outstanding amounts of SME loans from 2021 to 2023 in most economies that reported this information. Although several supportive policies were introduced during the COVID-19 Pandemic, subsequent developments, including tighter financial conditions and geopolitical tensions, may have contributed to the decline in SME loans.

    Additional Enhancements to the FAS are Being Tested

    To ensure the FAS data remain vital for informing financial inclusion policy, a pilot exercise is underway to assess the potential for enhancing the FAS. This includes incorporating additional gender disaggregation, information on new fintech services, and important factors such as loan pricing and risks, especially for underserved populations.

    IMF Communications Department
    MEDIA RELATIONS

    PRESS OFFICER: Pemba Sherpa

    Phone: +1 202 623-7100Email: MEDIA@IMF.org

    @IMFSpokesperson

    MIL OSI Economics –

  • MIL-OSI USA: Merkley, Wyden Announce $46 Million to Boost the Klamath Basin

    US Senate News:

    Source: United States Senator Ron Wyden (D-Ore)

    October 30, 2024

    Federal funding will help restore the Klamath River’s habitat following historic dam removal and further protect endangered C’waam, Koptu, and salmon

    Washington, D.C. – Oregon’s U.S. Senators Jeff Merkley and Ron Wyden today announced the U.S. Fish and Wildlife Service (USFWS) is investing a total of $46,191,133 in Bipartisan Infrastructure Law funding to boost ecosystem restoration and enhance water quality and reliability through 24 projects throughout the Klamath Basin—12 of which are taking place in Oregon.

    This latest federal funding wave from the landmark law will largely fuel the Klamath River’s recovery and habitat restoration efforts following the removal of the four lower Klamath Dams in 2024—the largest dam removal effort in U.S. history.

    “A key to restoring the Klamath Basin is major federal investments that will support collaborative ecosystem restoration and water improvement efforts. This funding will continue ongoing efforts I helped energize alongside the Klamath Tribes and other stakeholders to save the C’waam and Koptu, and restore the aquatic habitat and ecosystems of the Klamath River following the historic removal of the four lower Klamath Dams,” said Merkley, who visited Northern California earlier in October to tour a former dam site and celebrate removal alongside Tribes and other key partners. “Since the dams came out, we’ve seen the salmon returning home for the first time in generations. This federal investment champions projects that help ensure the C’waam, Koptu, and salmon all have an ecosystem to thrive in, while also prioritizing efforts that help this unique region’s water go farther for the Tribes, farmers, fish, and vital ecosystems that rely on it.”

    “Restoration of the Klamath Basin requires significant resources just like these to catalyze the work that’s needed locally to build a stronger ecosystem and improve water quality,” Wyden said. “This fresh federal investment in the region and the big gains it will generate for jobs, recreation, and habitat will work to ensure the area’s farmers, Tribes and communities can grow and thrive for generations to come.”

    As Chairman of the Senate Interior Appropriations Subcommittee, Merkley secured a historic $162 million over five years through the Bipartisan Infrastructure Law specifically dedicated to restoring ecosystems and enhancing drought resiliency work in the Klamath Basin. Today’s $46 million funding announcement from the U.S. Department of the Interior’s USFWS marks the third year of investments from this landmark law, as it follows $26 million provided in 2022 and $15 million in 2023. Merkley also convened the “Sucker Summit ” in 2018, which brought people from across the Basin together and helped lay the groundwork for these significant investments to protect the C’waam and the Koptu.

    In February of this year, Merkley and Wyden announced $72 million in new federal funding for critical ecosystem restoration projects and agricultural infrastructure modernization in the Basin, as well as a historic agreement with the Klamath Tribes, Yurok Tribe, Karuk Tribe, and Klamath Water Users Association (KWUA). This Memorandum of Understanding (MOU) cemented their commitment to working together to drive long-term solutions to the Basin’s water challenges. That includes collective efforts to restore the region’s ecosystem and improve water supply and reliability for the Klamath Project. 

    The 12 restoration projects in Oregon—some of which are being developed by Klamath MOU group partners, as well as other Tribes and other conservation partners—are as follows:

    • $13,000,000 for the Wetland Restoration on Upper Klamath Basin National Wildlife Refuge Agency Lake Units project. This will complete restoration of the Agency-Barnes wetland units of Upper Klamath National Wildlife Refuge and provide fish habitat access in Fourmile and Sevenmile creeks. Covering 14,356 acres, the restored wetland will create vital habitat for waterfowl, federally endangered Lost River and shortnose suckers (C’waam and Koptu sucker fish), and other species, making it one of the largest wetland restoration initiatives in America. MOU group partners – Ducks Unlimited and Klamath Tribes
    • $3,500,000 for the Upper Williamson River Restoration Phase 2 project. This will provide fish passage to over 26 miles of the upper Williamson River and reconnect several thousand acres of adjacent wetlands and riparian habitats within the Klamath Marsh National Wildlife Refuge project area. MOU group partners – Ducks Unlimited and Klamath Tribes
    • $3,179,400 for the Climate Change Resiliency Stream Restoration and Post Bootleg Fire Stream Stabilization and Restoration project. This effort includes placing approximately 400 Beaver Dam Analog, Post Assisted Log Structures, and other types of instream structures to help restore several streams in the Sprague River and Williamson River watersheds. MOU partner – Klamath Tribes
    • $3,000,000 for the Lake Ewauna Restoration for the Benefit of People, Fish and Wildlife project. This funding will be used to develop and restore wetlands and shoreline around Lake Ewauna in downtown Klamath Falls for the benefit of native fish and wildlife species and to tell the story of the local Tribes, farmers, and communities in the Klamath Basin. Restorative improvements to habitat in Link River and instream habitat improvements within Lake Ewauna will benefit C’waam and Koptu suckers, native trout, migratory waterfowl, and other species. With the recently removed Klamath dams, salmon and steelhead will also be migrating through Lake Ewauna for the first time in over a century. Partners – The Klamath Watershed Partnership, City of Klamath Falls, and Klamath County Economic Development Agency
    • $2,540,000 million for the Tule Lake Flow Through Infrastructure Improvement project. This encompasses a suite of infrastructure improvements and operational changes to provide natural ecosystem services with respect to water quality in the Klamath Basin. Water used for farmland irrigation would then flow through wetlands before returning to the Klamath River. In addition to water quality benefits for the Klamath River, this project will provide habitat for threatened and endangered fish, support migratory wildlife, recharge groundwater, and provide other ecosystem benefits. MOU group partners – KWUA and Tulelake Irrigation District
    • $2,027,799 for the SONAR and Radio Telemetry and Spawning Surveys for Klamath Salmon project. This will be used to obtain abundance estimates of salmon and steelhead entering the reach previously blocked by the four lower Klamath dams and track salmon migrations to their spawning grounds. These metrics will provide a foundation for assessment of stock status and trends while guiding future restoration efforts in the newly accessible habitats, developing a toolset to support prioritization of future restoration and monitoring in the Klamath River. It will also provide much needed capacity for three of the six tribes on the Klamath River, allowing them to track the return of these culturally significant species. MOU group partners – Karuk Tribe, California Trout, Klamath Tribes, Yurok Tribe, Cal Poly Humboldt, and the California Department of Fish and Wildlife
    • $1,253,000 for the Klamath Basin Fisheries Collaborative: Passive Integrated Transponder (PIT) Tag Monitoring and Database project. This will be used to continue to build the infrastructure required to provide Klamath Basin fisheries managers with consistent and reliable data on movements of fish using PIT tags. Work funded by this proposal includes continuing to improve on existing fish monitoring efforts by coordinating activities and collaborating on tasks, as well as advancing data exchange by refining the user interface and providing technical support to data providers. Partner – Pacific States Marine Fisheries Commission
    • $500,000 for the Implementation of Integrated Fisheries Restoration and Monitoring Plan (IFRMP) project. This will fund a USFWS initiative to support Klamath Basin stakeholders in tracking, coordinating, and integrating monitoring and data collection efforts across the Basin.
    • $500,000 for the Klamath Basin Stakeholder Engagement and Facilitation project. This will fund a USFWS initiative to provide greater continuity and work toward local governance for the MOU parties, which are interested in utilizing a neutral facilitator to help identify additional ways to promote collaboration and reduce conflict over natural resources. This effort could include expanding the MOU group to include other interested parties and to develop proposals related to a governance structure for making important decisions on restoration and monitoring in the Klamath Basin. These funds would support the hiring of a facilitator selected by the parties and support up to three to five years of facilitation support.
    • $300,000 for the Post Dam Removal Data Collection on Salmon Migration and Movement project. This funding will be used by project partners to use otolith microchemistry tools to 1) understand how Klamath Dam removal affects the early life history diversity of Chinook salmon, 2) determine the natal origin and migration histories of returning fish, pre- and post-dam removal, 3) determine which tributaries are and are not producing Chinook salmon, and 4) quantify how Chinook production varies between different tributaries before and after dam removal. The information is critical to adaptively managing the Klamath Basin, post dam removal, and has important implications for restoration of key tributaries. Partner – UC Davis
    • $295,000 for the Surface Water Management and Efficiency Enhancement project. This encompasses necessary infrastructure improvements to allow safe, reliable, and integrated management of water within the Klamath Project. MOU group partners – KWUA, Klamath Irrigation District, and Klamath Drainage District
    • $200,000 for the FWS Post Dam Removal Science Symposia project. This will fund an USFWS initiative to sponsor a Klamath science symposium in 2025. Planning for this symposium will start in November 2024. The goal is to bring together stakeholders/experts to discuss the state of the Basin post dam removal, progress on restoration and monitoring, and next-step strategies to continue the momentum on restoration progress in the years ahead.

    For a complete list and full descriptions of all the 24 projects awarded funding in the Klamath Basin, click HERE.

    MIL OSI USA News –

  • MIL-OSI USA: In Boulder City, Cortez Masto Celebrates New St. Jude’s Healing Center Grand Opening

    US Senate News:

    Source: United States Senator for Nevada Cortez Masto

    Boulder City, Nev. – Today, U.S. Senator Catherine Cortez Masto (D-Nev.) joined staff and survivors for the grand opening of the St. Jude’s Ranch for Children in Boulder City. The St. Jude’s Healing Center provides trauma-informed treatment to survivors of commercial child sex trafficking.

    “Since my time as Nevada’s Attorney General, combating human trafficking and supporting survivors has been one of my top priorities,” said Senator Cortez Masto. “I was here for the groundbreaking of the St. Jude’s Healing Center two years ago, and I am grateful for the opportunity to come back for its grand opening. I’ll continue fighting to ensure essential organizations like the St. Jude’s have access to the resources they need to support survivors through the recovery process.”

    Senator Cortez Masto is an outspoken advocate for the survivors of human trafficking and sexual assault. She recently called on Congress to provide more funding to support the Crime Victims fund, which provides services and resources for survivors of sexual assault. Her federal legislation to help train law enforcement to identify and prevent child trafficking and combat human trafficking activity on social media was signed into law. She co-sponsored bipartisan legislation that would prevent the trafficking of children by providing grants for the training of students, parents, and school personnel to respond to the signs of human trafficking.

    MIL OSI USA News –

  • MIL-OSI USA: Sols 4348-4349: Smoke on the Water

    Source: NASA

    2 min read

    Earth planning date: Monday, Oct. 28, 2024

    Before the science team starts planning, we first look at the latest Navcam image downlinked from Curiosity to see where the rover is located. It can be all too easy to get lost in the scenery of the Navcam and find new places in the distance we want to drive towards, but there’s so much beauty in the smaller things. Today I’ve chosen to show a photo from Curiosity’s hand lens camera, MAHLI, that takes photos so close that we can see the individual grains of the rock.

    The planning day usually starts by thinking about these smaller features: What rocks are the closest to the rover? What can we shoot with our laser? What instruments can we use to document these features? Today we planned two sols, and the focus of the close-up contact science became a coating of material that in some image stretches looks like a deep-purple color.

    We planned lots of activities to characterize this coating including use of the dust removal tool (DRT) and the APXS instrument on a target called “Reds Meadow.” This target will also be photographed by the MAHLI instrument. The team planned a ChemCam LIBS target on “Midge Lake” as well as a passive ChemCam target on “Primrose Lake” to document this coating with a full suite of instruments. Mastcam will then document the ChemCam LIBS target Midge Lake, and take a mosaic of the vertical faces of a few rocks near to the rover called “Peep Sight Peak” to observe the sedimentary structures here. Mastcam will also take a mosaic of “Pinnacle Ridge,” an area seen previously by the rover, from a different angle. ChemCam is rounding off the first sol with two long-distance RMI mosaics to document the stratigraphy of two structures we are currently driving between: Texoli butte and the Gediz Vallis channel.

    In the second sol of the plan, after driving about 20 meters (about 66 feet), Curiosity will be undertaking some environmental monitoring activities before an AEGIS activity that automatically selects a LIBS target in our new workspace prior to our planning on Wednesday morning.

    Written by Emma Harris, Graduate Student at Natural History Museum, London

    MIL OSI USA News –

  • MIL-OSI USA: PCC short-line railroad receives $37.7 million federal grant to improve eastern Washington track

    Source: Washington State News 2

    OLYMPIA – A project to improve 34 miles of railroad track between Davenport and Wilbur recently received a $37.7 million grant from the Federal Railroad Administration.

    The Washington State Department of Transportation will use the grant, from the Consolidated Rail Infrastructure and Safety Improvements program, to continue enhancements on the state-owned Palouse River and Coulee City (PCC) railway in eastern Washington. Another $20.3 million in state and private matching funds were contributed toward this project.  

    This grant is in addition to two previous federal grants received for upgrades to the PCC system – one in 2018 for $5.6 million and another in 2023 for $72.8 million. These grants were matched with a total of $45 million in state, local and private funds. Capital projects funded by these two grants benefit the PCC system in Grant, Lincoln, Spokane, Adams and Whitman counties.

    The latest Phase III grant will replace 100-year-old worn rail with new heavy 115-pound rail, which can accommodate today’s modern 286,000-pound rail cars. Once the new rail is installed, track speeds will increase from 10 to 25 mph, enabling agricultural products to move more quickly to national and international markets.

    These improvements align with the 2015 PCC Rail System Strategic Plan (PDF 3MB), which serves as a blueprint for investments on the state’s longest short-line railroad. WSDOT oversees the facilities and regulatory portions of the system and contracts with private railroads to operate and maintain each of the three branches. The PCC Rail Authority — an intergovernmental entity formed by the counties — oversees the business and economic development portions of the operating leases.

    MIL OSI USA News –

  • MIL-OSI Economics: Media Release: Australia wins bid to host 2026 global carbon capture conference – Australian Energy Producers

    Source: Australian Petroleum Production & Exploration Association

    Headline: Media Release: Australia wins bid to host 2026 global carbon capture conference – Australian Energy Producers

    The Australian oil and gas sector’s leadership in carbon capture, utilisation and storage (CCUS) – a key emissions reductions technology – is set to be showcased on the world stage.

    Australian Energy Producers is pleased to announce it will co-host the world’s leading CCUS conference in Perth in 2026, in partnership with the CSIRO, CO2CRC and the Department of Climate Change, Energy, the Environment and Water.

    The Greenhouse Gas Control Technologies (GHGT) Conference, run by the IEA Greenhouse Gas R&D Programme, brings together over 1,000 CCUS researchers, industry leaders, government officials, and stakeholders from around the world to discuss and share the latest developments with the technology.

    Australian Energy Producers Chief Executive Samantha McCulloch said Australia’s selection to host GHGT-18 reinforced its standing as a global leader in CCUS research, development and deployment.  

    “Australia has two of the largest carbon capture and storage (CCS) projects operating globally – Chevron’s Gorgon Project and the Santos and Beach Energy joint venture Moomba Project,” she said.

    “These projects are today storing emissions equivalent to taking one million cars off the road each year.

    “CCUS is a key technology in efforts to reach net zero in Australia and the region.

    “The International Energy Agency, Intergovernmental Panel on Climate Change, and CSIRO have all found that there is no pathway to net zero without CCUS.”

    The 2026 event will be the third time Australia has hosted the global conference, having hosted it in Cairns in 2000 and Melbourne in 2018.

    The announcement last week in Canada during the closing session of GHGT-17 coincided with a major CCUS milestone for Australia, with the Moomba CCS Project achieving first injection and full ramp up.

    “Australia has a comparative advantage in CCUS, with world class geology, industry experience, and strong links with regional trading partners looking to collaborate on CCUS,” Ms McCulloch said.

    “Scaling up CCUS is an opportunity to not just reduce emissions but also create new jobs and attract new investment.”

    Australia’s hosting of the conference is supported by Business Events Perth, reflecting the opportunity for GHGT-18 to amplify Western Australia’s global standing as a premier destination for impactful global events.

    Contact: 0401 839 227

    MIL OSI Economics –

  • MIL-OSI USA: FEMA Senior Leaders Continue to Survey Impacted Areas and Meet with Local Officials as Helene, Milton Recovery Progresses

    Source: US Federal Emergency Management Agency

    Headline: FEMA Senior Leaders Continue to Survey Impacted Areas and Meet with Local Officials as Helene, Milton Recovery Progresses

    FEMA Senior Leaders Continue to Survey Impacted Areas and Meet with Local Officials as Helene, Milton Recovery Progresses

    WASHINGTON – More than a month after Helene made landfall, FEMA officials remain on the ground coordinating with local officials in affected states to help guide their recovery.    Visits included Victoria Salinas, Senior Official Performing the Duties of Deputy Administrator, meeting with officials over several days in North Carolina and Florida. Salinas and other FEMA officials discussed how the communities were progressing in their recovery and surveyed the effectiveness of modern building codes in minimizing storm-related damage.FEMA has approved more than $1.3 billion in direct assistance to Hurricanes Helene and Milton survivors. These funds help survivors with housing repairs, personal property replacement and other essential recovery efforts. Additionally, over $1.1 billion has been approved for debris removal and emergency protective measures, which are necessary to save lives, protect public health and prevent further damage to public and private property. More than 1,400 FEMA Disaster Survivor Assistance team members are in affected neighborhoods across affected states helping survivors apply for assistance and connecting them with additional state, local, federal and voluntary agency resources. Also,FEMA now has 76 Disaster Recovery Centers open throughout the hurricane affected communities. Center locations can be found at FEMA.gov/DRC. Centers can provide survivors in-person help with their applications and answer questions they have about available resources to help with their recovery.The U.S. Army Corps of Engineers announced Operation Blue Roof which is a free service to homeowners for 25 counties in Florida impacted by Hurricane Milton. Residents can sign-up at www.blueroof.gov or by calling 888-ROOF-BLU (888-766-3258).  The sign-up period deadline is Nov. 5.FEMA encourages Helene and Milton survivors to apply for disaster assistance online as this remains the quickest way to start your recovery. Individuals can apply for federal assistance by: Applying online at disasterassistance.govUsing the FEMA AppCalling 800-621-3362, Staffed daily from 7 a.m.-10 p.m. local timeVisiting a Disaster Recovery Center to talk with FEMA and state agency officials and apply for assistancePresident Joseph R. Biden has approved major disaster declarations in six states–Florida, Georgia, North Carolina, South Carolina, Tennessee and Virginia–affected by Helene. He has also approved a major disaster declaration for Florida following Hurricane Milton.These photos highlight response and recovery efforts across states affected by hurricanes Helene and Milton. 

    SWANNANOA, North Carolina – FEMA sets up a mobile Disaster Recovery Center in an affected North Carolina community. Helene survivors in Swannanoa and nearby areas can visit this center to apply for federal disaster assistance and ask questions about available state and federal resources for their recovery. (Photo Credit: FEMA) 

    SAVANNAH, Georgia – FEMA staff and FEMA Corps members help survivors of Hurricane Helene at the Disaster Recovery Center in Savannah. (Photo Credit: FEMA)

    CORTEZ, Florida – Victoria Salinas, FEMA Senior Official Performing the Duties of Deputy Administrator, and other FEMA personnel join Manatee County officials in the Hunters Point Neighborhood in Cortez. There they spoke with an owner of a property development to talk about how building codes helped the community following the recent hurricanes. (Photo Credit: FEMA)

    COLLETSVILLE, North Carolina – Victoria Salinas, FEMA Senior Official Performing the Duties of Deputy Administrator, surveys the flood damage from Wilson Creek along Brown Mountain Road with members of the Collettsville Fire Department. Salinas also talked with the owners of the Brown Mountain Resort as they shared their story of surviving the flood from Hurricane Helene. (Photo Credit: FEMA)

    FEMA’s Disaster Recovery Toolkit provides graphics, social media copy and sample text in multiple languages. In addition, FEMA has set up a rumor response web page to reduce confusion about its role in the Helene and Milton response and recovery. 
    annie.bond
    Wed, 10/30/2024 – 17:58

    MIL OSI USA News –

  • MIL-OSI: Resource Capital Fund VI L.P. Ceases to be an Insider of Talon Metals Corp.

    Source: GlobeNewswire (MIL-OSI)

    DENVER, Oct. 30, 2024 (GLOBE NEWSWIRE) — Resource Capital Fund VI L.P. (“RCF”) reports that it has filed an early warning report under National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues in connection to its shareholdings in Talon Metals Corp. (TSX: TLO) (“Talon”).

    On October 30, 2024, RCF sold 114,588,550 common shares of Talon (“Common Shares”) pursuant to a block trade through the facilities of the Toronto Stock Exchange (the “Block Sale”). The aggregate consideration received by RCF with respect to the Block Sale was C$9,167,084, or C$0.08 per Common Share.

    Immediately prior to the Block Sale, RCF owned and controlled a total of 114,588,550 Common Shares, representing approximately 12.26% of the issued and outstanding Common Shares of Talon. As a result of and immediately following the Block Sale, RCF held zero Common Shares of Talon.

    Immediately following the Block Sale, RCF no longer holds any Common Shares of Talon, and as such, is no longer subject to ongoing early warning or insider reporting requirements in respect of Talon.

    The sale of Common Shares was undertaken in the ordinary course of business for investment purposes, in accordance with RCF’s routine investment strategy to generate proceeds from its investment in Talon.

    Talon’s registered office is located at Craigmuir Chambers, P.O. Box 71, Road Town, Tortola, British Virgin Islands VG1110.

    To obtain a copy of the early warning report filed under applicable Canadian securities laws in connection with the transactions hereunder, please see Talon’s profile on the SEDAR+ website at www.sedarplus.ca.

    About Resource Capital Fund VI L.P.

    RCF is a Cayman Islands exempt limited partnership and a private investment fund. RCF is ultimately controlled by RCF Management L.L.C. For further information and to obtain a copy of the early warning report, please contact:

    Resource Capital Fund VI L.P.
    1400 Wewatta Street, Suite 850
    Denver, Colorado, 80202
    Telephone: (720) 946-1444
    Attn: Mason Hills

    The MIL Network –

  • MIL-OSI: Athabasca Oil Announces 2024 Third Quarter Results Highlighted by Strong Free Cash Flow and Continued Execution on Share Buybacks

    Source: GlobeNewswire (MIL-OSI)

    CALGARY, Alberta, Oct. 30, 2024 (GLOBE NEWSWIRE) — Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) is pleased to report its third quarter results highlighting strong free cash flow underpinned by operational momentum at all assets and continued execution on its return of capital commitment through share buybacks.

    Corporate Consolidated Third Quarter Highlights

    • Production: Average production of 38,909 boe/d (98% Liquids), representing 8% growth year over year (16% on a per share basis). Annual production remains on track with previously increased 2024 guidance of 36,000 – 37,000 boe/d.
    • Cash Flow Growth: Adjusted Funds Flow of $164 million (cash flow from operating activities of $187 million) or $0.30 per share, representing 25% growth on a per share basis year over year. In 2024, the Company forecasts Adjusted Funds Flow of ~$555 million1, supported by increased operating scale and constructive Canadian heavy oil pricing. Athabasca forecasts ~100% growth in 2024 forecasted funds flow per share relative to 2022 when growth to 28,000 bbl/d at Leismer was sanctioned.
    • Differentiated Balance Sheet: Proactively refinanced the Company’s senior secured second lien Notes with $200 million of senior unsecured notes at a 6.75% coupon with a 2029 maturity. Consolidated Net Cash position of $135 million with Liquidity of $456 million, including $335 million in cash.
    • Resilient Producer: Competitively positioned with Thermal Oil sustaining capital to hold production flat funded within cash flow at ~US$50/bbl WTI1 and growth initiatives fully funded within cash flow at ~US$60/bbl WTI1.
    • Robust Free Cash Flow: Capital flexibility and balance sheet strength supports durable asset growth and return of capital initiatives for shareholders, resulting in continued top tier cash flow per share growth into the future. Athabasca expects to generate in excess of $1 billion of Free Cash Flow at US$70/bbl WTI1 after fully funding its growth program during the timeframe of 2024-27. The Company intends to release its 2025 capital budget in December.

    Return of Capital

    • Cumulative Return of Capital of ~$800 million. Commencing in the Fall of 2021 a deliberate strategy prioritized $385 million of debt reduction. Share buybacks commenced in 2023 and have totaled $415 million to date.
    • 2024 Return of Capital Commitment: Athabasca (Thermal Oil) is allocating 100% of Free Cash Flow to share buybacks in 2024. Year to date the Company has completed $257 million in share buybacks and forecasts 2024 Free Cash Flow of ~$315 million1.
    • Focus on Per Share Metrics: A steadfast commitment to return of capital has driven an ~104 million share reduction (~16%) in the Company’s fully diluted share count since March 31, 2023.

    Athabasca (Thermal Oil) Third Quarter Highlights

    • Production: ~34,900 bbl/d supported by growth at Leismer (record quarter at ~27,500 bbl/d) and stability at Hangingstone (~7,400 bbl/d).
    • Cash Flow: Adjusted Funds Flow of $150 million with an Operating Netback of $49.68/bbl.
    • Capital Program: $44 million of capital focused on sustaining operations at Leismer and Hangingstone. 2024 capital program forecast of ~$195 million including the commencement of progressive growth to 40,000 bbl/d at Leismer. The Company is currently drilling four new well pairs and six redrill opportunities at Leismer with production expected in early 2025. Two new well pairs at Hangingstone (1,400 meter laterals) will begin steaming in late November with production expected in early 2025.
    • Free Cash Flow: $106 million of Free Cash Flow supporting return of capital commitments.

    Duvernay Energy Corporation (“DEC”) Third Quarter Highlights

    • Production: ~4,100 boe/d (77% Liquids) supported by production from two new pads placed on production in the spring. Results continue to support management’s type curve expectations with restricted IP180s/well averaging ~840 boe/d (82% Liquids) on the 2-well 100% working interest (“WI”) pad and IP120s/well averaging ~835 boe/d (85% Liquids) on the 3-well 30% WI pad.
    • Cash Flow: Adjusted Funds Flow of $14 million with an Operating Netback of $44.20/boe.
    • Capital Program: $6 million focused on commencing a 3-well 100% WI pad at 04-18-64-16W5 which spud in early September. The first two wells have been cased with lateral lengths averaging ~4,000 meters per well. The pad is expected to be completed in 2025. The 2024 capital program forecast is ~$75 million, fully funded within cash flow and cash on hand in DEC.

    Corporate Consolidated Strategy

    • Value Creation: The Company’s Thermal Oil division provides a differentiated liquids weighted growth platform supported by financial resiliency to execute on return of capital initiatives. Athabasca’s subsidiary company, Duvernay Energy Corporation, is designed to enhance value for Athabasca’s shareholders by providing a clear path for self-funded production and cash flow growth in the Kaybob Duvernay resource play. Athabasca (Thermal Oil) and Duvernay Energy have independent strategies and capital allocation frameworks.
    • Consolidated Free Cash Flow Growth: Athabasca’s capital allocation framework is designed to unlock shareholder value by prioritizing multi‐year cash flow per share growth. In 2024, Athabasca forecasts Corporate Consolidated Adjusted Funds Flow of ~$555 million or ~$1 per share, representing ~100% per share growth over 2022 when the Company sanctioned growth to 28,000 bbl/d at Leismer. The Company’s outlook targets ~20% net Adjusted Funds Flow per share compound annual growth rate during the three-year time to 20272.

    Athabasca (Thermal Oil) Strategy

    • Large Resource Base: Athabasca’s top-tier assets underpin a strong Free Cash Flow outlook with low sustaining capital requirements. The long life, low decline asset base includes ~1.2 billion barrels of Proved plus Probable reserves and ~1 billion barrels of Contingent Resource.
    • Strong Financial Position: Prudent balance sheet management is a core tenet of Athabasca’s strategy. During the quarter, Athabasca issued $200 million 6.75% senior unsecured notes due in 2029 and redeemed US$157 million 9.75% senior secured second lien notes due in 2026. The Company proactively refinanced its debt on attractive terms and maintains strategic flexibility with a Net Cash position.
    • Capital Efficient Leismer Expansions: As previously announced, the Company has sanctioned expansion plans at Leismer for growth to 40,000 bbl/d. This will be completed utilizing a progressive build strategy that adds incremental production in the coming years with the full capacity to be achieved in 2028. The capital for this project is estimated at $300 million for a capital efficiency of ~$25,000/bbl/d. The Company can maintain 40,000 bbl/d for approximately fifty years (Proved plus Probable Reserves).
    • Sustaining Hangingstone: Steaming on two new sustaining well pairs will occur later this year with first production expected in early 2025. These wells will support base production with the objective of ensuring Hangingstone continues to deliver meaningful cash flow contributions to the Company and maintaining competitive netbacks ($48.39/bbl Q3 2024 Operating Netback).
    • Corner – Future Optionality: The Company’s Corner asset is a large de-risked oil sands asset adjacent to Leismer with 351 million barrels of Proved plus Probable reserves and 520 million barrels Contingent Resource (Best Estimate Unrisked). There are over 300 delineation wells and ~80% seismic coverage, with reservoir qualities similar or better than Leismer. The asset has a 40,000 bbl/d regulatory approval for development with the existing pipeline corridor passing through the Corner lease. The Company has updated its development plans and is finalizing facility cost estimates. Athabasca intends to explore external funding options and does not plan to fund an expansion utilizing existing cash flow or balance sheet resources.
    • Exposure to Improving Heavy Oil Pricing: With the start-up of the Trans Mountain pipeline expansion (590,000 bbl/d) in early May, spare pipeline capacity is driving tighter and less volatile WCS heavy differentials. Regional liquids pricing benchmarks have also been supported by a depreciating Canadian currency relative to the United States. Every US$5/bbl WCS change impacts Athabasca (Thermal Oil) Adjusted Funds Flow by ~$85 million annually.
    • Significant Multi-Year Free Cash Flow: Inclusive of the progressive growth at Leismer, Athabasca (Thermal Oil) expects to generate in excess of $1 billion of Free Cash Flow at US$70 WTI1 during the timeframe of 2024-27. Free Cash Flow will continue to support the Company’s return of capital initiatives.
    • Thermal Oil Royalty Advantage: Athabasca has significant unrecovered capital balances on its Thermal Oil Assets that ensure a low Crown royalty framework (~6%1). Leismer is forecasted to remain pre-payout until late 20271 and Hangingstone is forecasted to remain pre-payout beyond 20301.
    • Tax Free Horizon Advantage: Athabasca (Thermal Oil) has $2.4 billion of valuable tax pools and does not forecast paying cash taxes this decade.

    Duvernay Energy Strategy

    • Accelerating Value: DEC is an operated, private subsidiary of Athabasca (owned 70% by Athabasca and 30% by Cenovus Energy). DEC accelerates value realization for Athabasca’s shareholders by providing a clear path for self-funded production and cash flow growth without compromising Athabasca’s capacity to fund its Thermal Oil assets or its return of capital strategy.
    • Kaybob Duvernay Focused: Exposure to ~200,000 gross acres in the liquids rich and oil windows with ~500 gross future well locations, including ~46,000 gross acres with 100% working interest.
    • Self-Funded Growth: Current activity is being funded within cash flow and cash on hand. The 2024 program includes drilling and completions of a two-well 100% WI pad and a three-well 30% WI pad along with the spudding an additional multi-well pad in September 2024. The Company has self-funded growth potential to in excess of ~20,000 boe/d (75% Liquids) by the late 2020s1.

    Footnote: Refer to the “Reader Advisory” section within this news release for additional information on Non‐GAAP Financial Measures (e.g. Adjusted Funds Flow, Free Cash Flow, Sustaining Capital, Net Cash, Liquidity) and production disclosure.

    1Pricing Assumptions: realized prices January – October and flat pricing of US$70 WTI, US$12.50 WCS heavy differential, C$2 AECO, and 0.73 C$/US$ FX for the balance of 2024. 2025-27 US$70 WTI, US$12.50 WCS heavy differential, C$3.00 AECO, and 0.75 C$/US$ FX.
    2The Company’s illustrative multi-year outlook assumes a 10% annual share buyback program at an implied share price of 4.5x EV/Debt Adjusted Cash flow in 2025 and beyond.

    Financial and Operational Highlights

      Three months ended
    September 30,    		   Nine months ended
    September 30,    		  
    ($ Thousands, unless otherwise noted) 2024     2023     2024     2023    
    CORPORATE CONSOLIDATED(1)                
    Petroleum and natural gas production (boe/d)(2)   38,909       36,176       36,675       34,950    
    Petroleum, natural gas and midstream sales $ 376,781     $ 379,241     $ 1,089,635     $ 952,596    
    Operating Income(2) $ 180,184     $ 168,410     $ 465,070     $ 320,063    
    Operating Income Net of Realized Hedging(2)(3) $ 175,755     $ 164,643     $ 460,511     $ 289,645    
    Operating Netback ($/boe)(2) $ 49.12     $ 50.84     $ 46.36     $ 33.27    
    Operating Netback Net of Realized Hedging ($/boe)(2)(3) $ 47.91     $ 49.70     $ 45.91     $ 30.11    
    Capital expenditures $ 50,634     $ 33,286     $ 175,098     $ 101,080    
    Cash flow from operating activities $ 187,143     $ 134,879     $ 398,864     $ 202,330    
    per share – basic $ 0.35     $ 0.23     $ 0.72     $ 0.34    
    Adjusted Funds Flow(2) $ 163,680     $ 141,138     $ 417,198     $ 213,406    
    per share – basic $ 0.30     $ 0.24     $ 0.75     $ 0.36    
    ATHABASCA (THERMAL OIL)                
    Bitumen production (bbl/d)(2)   34,853       31,691       33,390       29,972    
    Petroleum, natural gas and midstream sales $ 372,634     $ 360,761     $ 1,072,954     $ 895,167    
    Operating Income(2) $ 163,694     $ 155,415     $ 425,837     $ 278,533    
    Operating Netback ($/bbl)(2) $ 49.68     $ 53.59     $ 46.64     $ 33.72    
    Capital expenditures $ 44,431     $ 34,439     $ 120,634     $ 89,604    
    Adjusted Funds Flow(2) $ 150,088         $ 383,214        
    Free Cash Flow(2) $ 105,657         $ 262,580        
    DUVERNAY ENERGY(1)                
    Petroleum and natural gas production (boe/d)(2)   4,056       4,485       3,285       4,978    
    Percentage Liquids (%)(2) 77 %   55 %   77 %   56 %  
    Petroleum, natural gas and midstream sales $ 24,728     $ 24,508     $ 63,015     $ 78,403    
    Operating Income(2) $ 16,490     $ 12,995     $ 39,233     $ 41,530    
    Operating Netback ($/boe)(2) $ 44.20     $ 31.50     $ 43.59     $ 30.56    
    Capital expenditures $ 6,203     $ (1,153 )   $ 54,464     $ 11,476    
    Adjusted Funds Flow(2) $ 13,592         $ 33,984        
    Free Cash Flow(2) $ 7,389         $ (20,480 )      
    NET INCOME AND COMPREHENSIVE INCOME                
    Net income and comprehensive income(4) $ 68,722     $ (79,212 )   $ 203,407     $ (78,726 )  
    per share – basic(4) $ 0.13     $ (0.14 )   $ 0.37     $ (0.13 )  
    per share – diluted(4) $ 0.12     $ (0.14 )   $ 0.36     $ (0.13 )  
    COMMON SHARES OUTSTANDING                
    Weighted average shares outstanding – basic   540,884,257       581,917,255       555,035,218       586,906,810    
    Weighted average shares outstanding – diluted   550,712,443       581,917,255       559,203,568       586,906,810    
          September 30   December 31  
    As at ($ Thousands)     2024   2023  
    LIQUIDITY AND BALANCE SHEET            
    Cash and cash equivalents     $ 334,851   $ 343,309  
    Available credit facilities(5)     $ 121,316   $ 85,488  
    Face value of term debt(6)     $ 200,000   $ 207,648  

    (1) Corporate Consolidated and Duvernay Energy reflect gross production and financial metrics before taking into consideration Athabasca’s 70% equity interest in Duvernay Energy.
    (2) Refer to the “Reader Advisory” section within this News Release for additional information on Non-GAAP Financial Measures and production disclosure.
    (3) Includes realized commodity risk management loss of $4.4 million and $4.6 million for the three and nine months ended September 30, 2024 (three and nine months ended September 30, 2023 – loss of $3.8 million and $30.4 million).
    (4) Net income (loss) and comprehensive income (loss) per share amounts are based on net income (loss) and comprehensive income (loss) attributable to shareholders of the Parent Company. In the calculation of diluted net income (loss) per share for the three months ended September 30, 2024 net income (loss) was reduced by $2.6 million to account for the impact to net income (loss) had the outstanding warrants been converted to equity.
    (5) Includes available credit under Athabasca’s and Duvernay Energy’s Credit Facilities and Athabasca’s Unsecured Letter of Credit Facility.
    (6) The face value of the term debt at December 31, 2023 was US$157.0 million translated into Canadian dollars at the December 31, 2023 exchange rate of US$1.00 = C$1.3226.

    Operations Update

    Athabasca (Thermal Oil)

    Production for the third quarter of 2024 averaged 34,853 bbl/d. The Thermal Oil division generated Operating Income of $164 million (Operating Netbacks – $50.05/bbl at the Leismer and $48.39/bbl at Hangingstone) during the period with capital expenditures of $44 million, primarily related to drilling and completions, and progressing future growth initiatives at Leismer.

    Leismer

    Leismer produced a record 27,485 bbl/d during the quarter following the completion of the facility expansion. The Company is continuing with progressive growth to increase Leismer production to 40,000 bbl/d (regulatory approved capacity) over the next three years. These capital projects are flexible and highly economic (~$25,000/bbl/d capital efficiency) and will maximize value creation when executed alongside the Company’s return of capital initiatives. Activity over the next three years will include drilling ~20 well pairs (sustaining and growth wells), expanding steam capacity to ~130,000 bbl/d and adding oil processing capacity at the central processing facility. The project will benefit from installing opportunistically pre-purchased steam generators which reduce the timelines and costs for the project.

    Activity in H2 2024 includes drilling four sustaining well pairs at Pad L10 and six extended redrills on Pad L1, with production expected in early 2025.

    Hangingstone

    Production during the quarter averaged 7,368 bbl/d. Non-condensable gas co-injection continues to assist in pressure support, reduced energy usage and an improved SOR averaging ~3.4x year to date. During the quarter the Company rig released two ~1,400 meter well pairs with first steam planned for later this year and production in early 2025. Well design with extended reach laterals is expected to drive project capital efficiencies of ~$15,000/bbl/d and will leverage off available plant and infrastructure capacity. These sustaining well pairs will support base production with the objective of ensuring Hangingstone continues to deliver meaningful cash flow contributions to the Company and maintaining competitive netbacks.

    Duvernay Energy

    Production for the third quarter of 2024 averaged 4,056 boe/d (77% Liquids). Duvernay Energy generated Operating Income of $16 million (Operating Netback – $44.20/boe) during the period.

    Duvernay Energy brought its two-well 100% working interest pad at 03-18-64-17W5 on production in late April. The pad generated an average restricted 180-day rate of ~840 boe/d per well (82% liquids). A three well pad (30% working interest) at 02-03-65-20W5 was brought on production in late May, with an approximate 120-day rate of ~835 boe/d per well (85% liquids). Both pads are performing in-line with management’s expectations and are exhibiting strong extended results with high liquids content. The Company spud a three-well 100% working interest pad at 4-18-64-16W5 in September. Two wells have been cased on this pad with average laterals of ~4,000 meters per well. The operated pad of wells is expected to be completed in 2025.

    About Athabasca Oil Corporation

    Athabasca Oil Corporation is a Canadian energy company with a focused strategy on the development of thermal and light oil assets. Situated in Alberta’s Western Canadian Sedimentary Basin, the Company has amassed a significant land base of extensive, high quality resources. Athabasca’s light oil assets are held in a private subsidiary (Duvernay Energy Corporation) in which Athabasca owns a 70% equity interest. Athabasca’s common shares trade on the TSX under the symbol “ATH”. For more information, visit www.atha.com.

    For more information, please contact:

    Reader Advisory:

    This News Release contains forward-looking information that involves various risks, uncertainties and other factors. All information other than statements of historical fact is forward-looking information. The use of any of the words “anticipate”, “plan”, “project”, “continue”, “maintain”, “may”, “estimate”, “expect”, “will”, “target”, “forecast”, “could”, “intend”, “potential”, “guidance”, “outlook” and similar expressions suggesting future outcome are intended to identify forward-looking information. The forward-looking information is not historical fact, but rather is based on the Company’s current plans, objectives, goals, strategies, estimates, assumptions and projections about the Company’s industry, business and future operating and financial results. This information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking information. No assurance can be given that these expectations will prove to be correct and such forward-looking information included in this News Release should not be unduly relied upon. This information speaks only as of the date of this News Release. In particular, this News Release contains forward-looking information pertaining to, but not limited to, the following: our strategic plans; the allocation of future capital; timing and quantum for shareholder returns including share buybacks; the terms of our NCIB program; our drilling plans and capital efficiencies; production growth to expected production rates and estimated sustaining capital amounts; timing of Leismer’s and Hangingstone’s pre-payout royalty status; applicability of tax pools and the timing of tax payments; expected operating results at Hangingstone; Adjusted Funds Flow and Free Cash Flow in 2024 and 2025 to 2027; type well economic metrics; number of drilling locations; forecasted daily production and the composition of production; our outlook in respect of the Company’s business environment, including in respect of the Trans Mountain pipeline expansion and heavy oil pricing; and other matters.

    In addition, information and statements in this News Release relating to “Reserves” and “Resources” are deemed to be forward-looking information, as they involve the implied assessment, based on certain estimates and assumptions, that the reserves and resources described exist in the quantities predicted or estimated, and that the reserves and resources described can be profitably produced in the future. With respect to forward-looking information contained in this News Release, assumptions have been made regarding, among other things: commodity prices; the regulatory framework governing royalties, taxes and environmental matters in the jurisdictions in which the Company conducts and will conduct business and the effects that such regulatory framework will have on the Company, including on the Company’s financial condition and results of operations; the Company’s financial and operational flexibility; the Company’s financial sustainability; Athabasca’s cash flow break-even commodity price; the Company’s ability to obtain qualified staff and equipment in a timely and cost-efficient manner; the applicability of technologies for the recovery and production of the Company’s reserves and resources; future capital expenditures to be made by the Company; future sources of funding for the Company’s capital programs; the Company’s future debt levels; future production levels; the Company’s ability to obtain financing and/or enter into joint venture arrangements, on acceptable terms; operating costs; compliance of counterparties with the terms of contractual arrangements; impact of increasing competition globally; collection risk of outstanding accounts receivable from third parties; geological and engineering estimates in respect of the Company’s reserves and resources; recoverability of reserves and resources; the geography of the areas in which the Company is conducting exploration and development activities and the quality of its assets. Certain other assumptions related to the Company’s Reserves and Resources are contained in the report of McDaniel & Associates Consultants Ltd. (“McDaniel”) evaluating Athabasca’s Proved Reserves, Probable Reserves and Contingent Resources as at December 31, 2023 (which is respectively referred to herein as the “McDaniel Report”).

    Actual results could differ materially from those anticipated in this forward-looking information as a result of the risk factors set forth in the Company’s Annual Information Form (“AIF”) dated February 29, 2024 available on SEDAR at www.sedarplus.ca, including, but not limited to: weakness in the oil and gas industry; exploration, development and production risks; prices, markets and marketing; market conditions; climate change and carbon pricing risk; statutes and regulations regarding the environment including deceptive marketing provisions; regulatory environment and changes in applicable law; gathering and processing facilities, pipeline systems and rail; reputation and public perception of the oil and gas sector; environment, social and governance goals; political uncertainty; state of capital markets; ability to finance capital requirements; access to capital and insurance; abandonment and reclamation costs; changing demand for oil and natural gas products; anticipated benefits of acquisitions and dispositions; royalty regimes; foreign exchange rates and interest rates; reserves; hedging; operational dependence; operating costs; project risks; supply chain disruption; financial assurances; diluent supply; third party credit risk; indigenous claims; reliance on key personnel and operators; income tax; cybersecurity; advanced technologies; hydraulic fracturing; liability management; seasonality and weather conditions; unexpected events; internal controls; limitations and insurance; litigation; natural gas overlying bitumen resources; competition; chain of title and expiration of licenses and leases; breaches of confidentiality; new industry related activities or new geographical areas; water use restrictions and/or limited access to water; relationship with Duvernay Energy Corporation; management estimates and assumptions; third-party claims; conflicts of interest; inflation and cost management; credit ratings; growth management; impact of pandemics; ability of investors resident in the United States to enforce civil remedies in Canada; and risks related to our debt and securities. All subsequent forward-looking information, whether written or oral, attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these cautionary statements.

    Also included in this News Release are estimates of Athabasca’s 2024 outlook which are based on the various assumptions as to production levels, commodity prices, currency exchange rates and other assumptions disclosed in this News Release. To the extent any such estimate constitutes a financial outlook, it was approved by management and the Board of Directors of Athabasca and is included to provide readers with an understanding of the Company’s outlook. Management does not have firm commitments for all of the costs, expenditures, prices or other financial assumptions used to prepare the financial outlook or assurance that such operating results will be achieved and, accordingly, the complete financial effects of all of those costs, expenditures, prices and operating results are not objectively determinable. The actual results of operations of the Company and the resulting financial results may vary from the amounts set forth herein, and such variations may be material. The outlook and forward-looking information contained in this New Release was made as of the date of this News release and the Company disclaims any intention or obligations to update or revise such outlook and/or forward-looking information, whether as a result of new information, future events or otherwise, unless required pursuant to applicable law.

    Oil and Gas Information

    “BOEs” may be misleading, particularly if used in isolation. A BOE conversion ratio of six thousand cubic feet of natural gas to one barrel of oil equivalent (6 Mcf: 1 bbl) is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. As the value ratio between natural gas and crude oil based on the current prices of natural gas and crude oil is significantly different from the energy equivalency of 6:1, utilizing a conversion on a 6:1 basis may be misleading as an indication of value.

    Initial Production Rates 

    Test Results and Initial Production Rates: The well test results and initial production rates provided herein should be considered to be preliminary, except as otherwise indicated. Test results and initial production rates disclosed herein may not necessarily be indicative of long-term performance or of ultimate recovery.

    Reserves Information

    The McDaniel Report was prepared using the assumptions and methodology guidelines outlined in the COGE Handbook and in accordance with National Instrument 51-101 Standards of Disclosure for Oil and Gas Activities, effective December 31, 2023. There are numerous uncertainties inherent in estimating quantities of bitumen, light crude oil and medium crude oil, tight oil, conventional natural gas, shale gas and natural gas liquids reserves and the future cash flows attributed to such reserves. The reserve and associated cash flow information set forth above are estimates only. In general, estimates of economically recoverable reserves and the future net cash flows therefrom are based upon a number of variable factors and assumptions, such as historical production from the properties, production rates, ultimate reserve recovery, timing and amount of capital expenditures, marketability of oil and natural gas, royalty rates, the assumed effects of regulation by governmental agencies and future operating costs, all of which may vary materially. For those reasons, estimates of the economically recoverable reserves attributable to any particular group of properties, classification of such reserves based on risk of recovery and estimates of future net revenues associated with reserves prepared by different engineers, or by the same engineers at different times, may vary. The Company’s actual production, revenues, taxes and development and operating expenditures with respect to its reserves will vary from estimates thereof and such variations could be material. Reserves figures described herein have been rounded to the nearest MMbbl or MMboe. For additional information regarding the consolidated reserves and information concerning the resources of the Company as evaluated by McDaniel in the McDaniel Report, please refer to the Company’s AIF.

    Reserve Values (i.e. Net Asset Value) is calculated using the estimated net present value of all future net revenue from our reserves, before income taxes discounted at 10%, as estimated by McDaniel effective December 31, 2023 and based on average pricing of McDaniel, Sproule and GLJ as of January 1, 2024.

    The 500 gross Duvernay drilling locations referenced include: 37 proved undeveloped locations and 76 probable undeveloped locations for a total of 113 booked locations with the balance being unbooked locations. Proved undeveloped locations and probable undeveloped locations are booked and derived from the Company’s most recent independent reserves evaluation as prepared by McDaniel as of December 31, 2023 and account for drilling locations that have associated proved and/or probable reserves, as applicable. Unbooked locations are internal management estimates. Unbooked locations do not have attributed reserves or resources (including contingent or prospective). Unbooked locations have been identified by management as an estimation of Athabasca’s multi-year drilling activities expected to occur over the next two decades based on evaluation of applicable geologic, seismic, engineering, production and reserves information. There is no certainty that the Company will drill all unbooked drilling locations and if drilled there is no certainty that such locations will result in additional oil and gas reserves, resources or production. The drilling locations on which the Company will actually drill wells, including the number and timing thereof is ultimately dependent upon the availability of funding, commodity prices, provincial fiscal and royalty policies, costs, actual drilling results, additional reservoir information that is obtained and other factors.

    Non-GAAP and Other Financial Measures, and Production Disclosure

    The “Corporate Consolidated Adjusted Funds Flow”, “Corporate Consolidated Adjusted Funds Flow per Share”, “Athabasca (Thermal Oil) Adjusted Funds Flow”, “Duvernay Energy Adjusted Funds Flow”, “Corporate Consolidated Free Cash Flow”, “Athabasca (Thermal Oil) Free Cash Flow”, “Duvernay Energy Free Cash Flow”, “Corporate Consolidated Operating Income”, “Corporate Consolidated Operating Income Net of Realized Hedging”, “Athabasca (Thermal Oil) Operating Income”, “Duvernay Energy Operating Income”, “Corporate Consolidated Operating Netback”, “Corporate Consolidated Operating Netback Net of Realized Hedging”, “Athabasca (Thermal Oil) Operating Netback”, “Duvernay Energy Operating Netback” and “Cash Transportation and Marketing Expense” financial measures contained in this News Release do not have standardized meanings which are prescribed by IFRS and they are considered to be non-GAAP financial measures or ratios. These measures may not be comparable to similar measures presented by other issuers and should not be considered in isolation with measures that are prepared in accordance with IFRS. Sustaining Capital, Net Cash and Liquidity are supplementary financial measures. The Leismer and Hangingstone operating results are supplementary financial measures that when aggregated, combine to the Athabasca (Thermal Oil) segment results.

    Adjusted Funds Flow, Adjusted Funds Flow Per Share and Free Cash Flow

    Adjusted Funds Flow and Free Cash Flow are non-GAAP financial measures and are not intended to represent cash flow from operating activities, net earnings or other measures of financial performance calculated in accordance with IFRS. The Adjusted Funds Flow and Free Cash Flow measures allow management and others to evaluate the Company’s ability to fund its capital programs and meet its ongoing financial obligations using cash flow internally generated from ongoing operating related activities. Adjusted Funds Flow per share is a non-GAAP financial ratio calculated as Adjusted Funds Flow divided by the applicable number of weighted average shares outstanding. Adjusted Funds Flow and Free Cash Flow are calculated as follows:

      Three months ended
    September 30, 2024    		   Three months ended
    September 30, 2023    		  
    ($ Thousands) Athabasca
    (Thermal Oil)    		   Duvernay Energy(1)   Corporate Consolidated(1)   Corporate Consolidated  
    Cash flow from operating activities $ 169,950   $ 17,193   $ 187,143   $ 134,879  
    Changes in non-cash working capital   (20,201 )   (3,401 )   (23,602 )   5,898  
    Settlement of provisions   339     (200 )   139     361  
    ADJUSTED FUNDS FLOW   150,088     13,592     163,680     141,138  
    Capital expenditures   (44,431 )   (6,203 )   (50,634 )   (33,286 )
    FREE CASH FLOW $ 105,657   $ 7,389   $ 113,046   $ 107,852  

    (1) Duvernay Energy and Corporate Consolidated reflect gross financial metrics before taking into consideration Athabasca’s 70% equity interest in Duvernay Energy.

      Nine months ended
    September 30, 2024    		   Nine months ended
    September 30, 2023    		  
    ($ Thousands) Athabasca
    (Thermal Oil)    		   Duvernay Energy(1)   Corporate Consolidated(1)   Corporate Consolidated  
    Cash flow from operating activities $ 367,018   $ 31,846   $ 398,864   $ 202,330  
    Changes in non-cash working capital   14,560     2,134     16,694     22,498  
    Settlement of provisions   1,636     4     1,640     1,155  
    Long-term deposit   —     —     —     (12,577 )
    ADJUSTED FUNDS FLOW   383,214     33,984     417,198     213,406  
    Capital expenditures   (120,634 )   (54,464 )   (175,098 )   (101,080 )
    FREE CASH FLOW $ 262,580   $ (20,480 ) $ 242,100   $ 112,326  

    (1) Duvernay Energy and Corporate Consolidated reflect gross financial metrics before taking into consideration Athabasca’s 70% equity interest in Duvernay Energy.

    Duvernay Energy Operating Income and Operating Netback

    The non-GAAP measure Duvernay Energy Operating Income in this News Release is calculated by subtracting the Duvernay Energy royalties, operating expenses and transportation & marketing expenses from petroleum and natural gas sales which is the most directly comparable GAAP measure. The Duvernay Energy Operating Netback per boe is a non-GAAP financial ratio calculated by dividing the Duvernay Energy Operating Income by the Duvernay Energy production. The Duvernay Energy Operating Income and the Duvernay Energy Operating Netback measures allow management and others to evaluate the production results from the Company’s Duvernay Energy assets.

    The Duvernay Energy Operating Income is calculated using the Duvernay Energy Segments GAAP results, as follows:

      Three months ended
    September 30,    		   Nine months ended
    September 30,    		  
    ($ Thousands, unless otherwise noted) 2024   2023   2024   2023  
    Petroleum and natural gas sales $ 24,728   $ 24,508   $ 63,015   $ 78,403  
    Royalties   (2,470 )   (3,510 )   (8,282 )   (10,403 )
    Operating expenses   (4,684 )   (5,964 )   (12,387 )   (19,988 )
    Transportation and marketing   (1,084 )   (2,039 )   (3,113 )   (6,482 )
    DUVERNAY ENERGY OPERATING INCOME $ 16,490   $ 12,995   $ 39,233   $ 41,530  


    Athabasca (Thermal Oil) Operating Income and Operating Netback

    The non-GAAP measure Athabasca (Thermal Oil) Operating Income in this News Release is calculated by subtracting the Athabasca (Thermal Oil) segments cost of diluent blending, royalties, operating expenses and cash transportation & marketing expenses from heavy oil (blended bitumen) and midstream sales which is the most directly comparable GAAP measure. The Athabasca (Thermal Oil) Operating Netback per bbl is a non-GAAP financial ratio calculated by dividing the respective projects Operating Income by its respective bitumen sales volumes. The Athabasca (Thermal Oil) Operating Income and the Athabasca (Thermal Oil) Operating Netback measures allow management and others to evaluate the production results from the Athabasca (Thermal Oil) assets. The Athabasca (Thermal Oil) Operating Income is calculated using the Athabasca (Thermal Oil) Segments GAAP results, as follows:

      Three months ended
    September 30,    		   Nine months ended
    September 30,    		  
    ($ Thousands) 2024   2023   2024   2023  
    Heavy oil (blended bitumen) and midstream sales $ 372,634   $ 360,761   $ 1,072,954   $ 895,167  
    Cost of diluent   (129,965 )   (117,418 )   (411,991 )   (380,781 )
    Total bitumen and midstream sales   242,669     243,343     660,963     514,386  
    Royalties   (22,291 )   (27,613 )   (62,651 )   (45,170 )
    Operating expenses – non-energy   (24,903 )   (19,521 )   (72,445 )   (63,349 )
    Operating expenses – energy   (9,994 )   (20,572 )   (38,187 )   (64,118 )
    Transportation and marketing(1)   (21,787 )   (20,222 )   (61,843 )   (63,216 )
    ATHABASCA (THERMAL OIL) OPERATING INCOME $ 163,694   $ 155,415   $ 425,837   $ 278,533  

    (1) Transportation and marketing excludes non-cash costs of $0.6 million and $1.7 million for the three and nine months ended September 30, 2024 (three and nine months ended September 30, 2023 – $0.6 million and $1.7 million).

    Corporate Consolidated Operating Income and Corporate Consolidated Operating Income Net of Realized Hedging and Operating Netbacks

    The non-GAAP measures of Corporate Consolidated Operating Income including or excluding realized hedging in this News Release are calculated by adding or subtracting realized gains (losses) on commodity risk management contracts (as applicable), royalties, the cost of diluent blending, operating expenses and cash transportation & marketing expenses from petroleum, natural gas and midstream sales which is the most directly comparable GAAP measure. The Corporate Consolidated Operating Netbacks including or excluding realized hedging per boe are non-GAAP ratios calculated by dividing Corporate Consolidated Operating Income including or excluding hedging by the total sales volumes and are presented on a per boe basis. The Corporate Consolidated Operating Income and Corporate Consolidated Operating Netbacks including or excluding realized hedging measures allow management and others to evaluate the production results from the Company’s Duvernay Energy and Athabasca (Thermal Oil) assets combined together including the impact of realized commodity risk management gains or losses (as applicable).

      Three months ended
    September 30,    		   Nine months ended
    September 30,    		  
    ($ Thousands) 2024   2023   2024   2023  
    Petroleum, natural gas and midstream sales(1) $ 397,362   $ 385,269   $ 1,135,969   $ 973,570  
    Royalties   (24,761 )   (31,123 )   (70,933 )   (55,573 )
    Cost of diluent(1)   (129,965 )   (117,418 )   (411,991 )   (380,781 )
    Operating expenses   (39,581 )   (46,057 )   (123,019 )   (147,455 )
    Transportation and marketing(2)   (22,871 )   (22,261 )   (64,956 )   (69,698 )
    Operating Income   180,184     168,410     465,070     320,063  
    Realized loss on commodity risk mgmt. contracts   (4,429 )   (3,767 )   (4,559 )   (30,418 )
    OPERATING INCOME NET OF REALIZED HEDGING $ 175,755   $ 164,643   $ 460,511   $ 289,645  

    (1) Non-GAAP measure includes intercompany NGLs (i.e. condensate) sold by the Duvernay Energy segment to the Athabasca (Thermal Oil) segment for use as diluent that is eliminated on consolidation.
    (2) Transportation and marketing excludes non-cash costs of $0.6 million and $1.7 million for the three and nine months ended September 30, 2024 (three and nine months ended September 30, 2023 – $0.6 million and $1.7 million).

    Cash Transportation and Marketing Expense

    The Cash Transportation and Marketing Expense financial measures contained in this News Release are calculated by subtracting the non-cash transportation and marketing expense as reported in the Consolidated Statement of Cash Flows from the transportation and marketing expense as reported in the Consolidated Statement of Income (Loss) and are considered to be non-GAAP financial measures.

    Sustaining Capital

    Sustaining Capital is managements’ assumption of the required capital to maintain the Company’s production base.

    Net Cash

    Net Cash is defined as the face value of term debt, plus accounts payable and accrued liabilities, plus current portion of provisions and other liabilities plus income tax payable less current assets, excluding risk management contracts.

    Liquidity

    Liquidity is defined as cash and cash equivalents plus available credit capacity.

    Production volumes details

      Three months ended
    September 30,    		   Nine months ended
    September 30,
    Production 2024   2023   2024   2023
    Duvernay Energy:                      
    Oil(1) bbl/d 2,688     1,398     2,235     1,461
    Condensate NGLs bbl/d —     581     —     705
    Oil and condensate NGLs bbl/d 2,688     1,979     2,235     2,166
    Other NGLs bbl/d 447     528     298     615
    Natural gas(2) mcf/d 5,526     11,869     4,511     13,181
    Total Duvernay Energy boe/d 4,056     4,485     3,285     4,978
    Total Thermal Oil bitumen bbl/d 34,853     31,691     33,390     29,972
    Total Company production boe/d 38,909     36,176     36,675     34,950

    (1) Comprised of 99% or greater of tight oil, with the remaining being light and medium crude oil.
    (2) Comprised of 99% or greater of shale gas, with the remaining being conventional natural gas.

    This News Release also makes reference to Athabasca’s forecasted average daily Thermal Oil production of 33,000 – 34,000 bbl/d for 2024. Athabasca expects that 100% of that production will be comprised of bitumen. Duvernay Energy’s forecasted total average daily production of ~3,000 boe/d for 2024 is expected to be comprised of approximately 67% tight oil, 23% shale gas and 10% NGLs.

    Liquids is defined as bitumen, light crude oil, medium crude oil and natural gas liquids.

    Footnote: Refer to the “Reader Advisory” section within this news release for additional information on Non‐GAAP Financial Measures (e.g. Adjusted Funds Flow, Free Cash Flow, Sustaining Capital, Net Cash, Liquidity) and production disclosure.

    1 Pricing Assumptions: realized prices January – October and flat pricing of US$70 WTI, US$12.50 WCS heavy differential, C$2 AECO, and 0.73 C$/US$ FX for the balance of 2024. 2025-27 US$70 WTI, US$12.50 WCS heavy differential, C$3.00 AECO, and 0.75 C$/US$ FX.
    2 The Company’s illustrative multi-year outlook assumes a 10% annual share buyback program at an implied share price of 4.5x EV/Debt Adjusted Cash flow in 2025 and beyond.

    The MIL Network –

  • MIL-OSI Economics: Multidonor Fund for the Chocó Biogeographic Region: An International Commitment to Biodiversity and Environmental Justice

    Source: CAF Development Bank of Latin America

    Last night’s gathering featured Costa Rica’s Foreign Minister, Arnoldo Andrés Tinoco; CAF – Development Bank of Latin America and the Caribbean – President, Sergio Díaz Granados; and Panama’s Special Representative for Climate Change, Juan Carlos Montero.

    Colombian Foreign Minister Luis Gilberto Murillo emphasized the strong link between cultural and biological diversity, noting that the Chocó Biogeographic region is one of the most biodiverse places on Earth per square meter, protected by its people. He urged the world to recognize this, stating that “this visibility is essential to support the people who live there. Conservation here is a cultural reality, a service to humanity that has gone unrecognized and uncompensated. This COP belongs to the people and must be about implementation.”

    Minister Murillo added, “This is why we insist on amplifying voices, resources, and environmental justice” and highlighted the establishment of the Multidonor Fund as “a significant step forward.”

    He explained that Colombia, Costa Rica, Ecuador, and Panama share ecosystems, making “this initiative of utmost importance,” and pointed out that “for many years, the Chocó Biogeographic region has been championed by naturalists, scientists, activists, social leaders, and the region’s ethnic communities.”

    Vice President and Equality Minister Francia Márquez emphasized that the fund is a step toward “ethnic justice” and proposed community participation in its governance: “Governance cannot be limited to the states; it must include community representation” to ensure transformative projects that contribute to conservation goals and local well-being.

    Costa Rica’s Foreign Minister praised the opportunity to join the launch of the Multidonor Fund for the Conservation and Restoration of the Chocó Biogeographic Region and other areas, stressing that “our collective efforts are far more effective when we work together towards ecosystem conservation and sustainable development.” He affirmed Costa Rica’s commitment to conservation.

    About the Multidonor Fund

    The Multidonor Fund will support conservation and restoration efforts, biodiversity and ecosystem preservation, climate change mitigation and adaptation, and sustainable development within the Chocó Biogeographic region and other interconnected ecoregions.

    The Chocó Biogeographic region is an expansive zone stretching from the Pacific coasts of Ecuador, Colombia, and Panama, extending into the Caribbean, hills, and mountain ranges that converge with Costa Rica’s neotropical forests. This ecological connectivity forms a bridge for biodiversity distribution and is renowned worldwide for its lush natural wealth and extraordinary diversity.

    However, the region faces significant threats: deforestation, illegal mining, wildlife trafficking, and social conflicts endanger the ecosystems and communities reliant on them. These challenges demand urgent, united action to protect this invaluable cultural and natural heritage, crucial for local populations and global ecological balance.

    Organized communities, including Afro-descendant and Indigenous peoples and local communities, are essential to the Chocó Biogeographic region’s cultural diversity. Their legacy of resilience and adaptation, along with their deep environmental knowledge, make them vital contributors to biodiversity conservation and sustainable development.

    To advance fund formulation, structuring, and implementation, the parties agree to invite CAF – Development Bank of Latin America and the Caribbean – to support these efforts.

    The Governments of Colombia, Costa Rica, Ecuador, and Panama call for collaboration, inviting international organizations, the private sector, specialized funds, philanthropic organizations, and other potential donors to join civil society in safeguarding the Chocó Biogeographic region as a stronghold of biodiversity and resilience against global environmental challenges. Let us form new alliances for biodiversity protection, climate justice, and sustainable development to ensure a prosperous and sustainable future together.

    MIL OSI Economics –

  • MIL-OSI Economics: The Americas Flyways Initiative to begin implementation in January 2025

    Source: CAF Development Bank of Latin America

    After two years of rigorous science-based design, the Americas Flyways Initiative (AFI) is moving into its implementation phase in 2025, aimed at protecting and restoring critical ecosystems through Nature-Based Solutions (NbS) and bird-friendly infrastructure that also benefits people.

    Inspired by the wonderful world of birds and their epic migratory journeys across the hemisphere, which connect landscapes, cultures, and people, the AFI science team has identified a portfolio of crucial sites to ensure the connectivity and conservation of at least 10% of prioritized populations of migratory shorebirds and landbirds in the Americas.

    Birds serve as vital bioindicators of the health of nature. They not only signal the problems we face but also point to solutions: where and how we need to act. Protecting birds means protecting life. For example, 85% of the important bird conservation sites in Colombia coincide with key areas for water regulation and climate change mitigation.

    Currently, AFI has five initial projects, also known as “nest projects,” named for their connection to shelter, development, and well-being:

    1. Improving coastal climate resilience in the Rocuant Andalién Wetland in Chile;
    2. Restoring montane forest landscapes and aquatic ecosystems in the northwestern Andes of Ecuador;
    3. Integrating bird-friendly practices in transmission and distribution power lines reaching the coast of Guayas, Ecuador;
    4. Incorporating bird-friendly architecture and design at the CAF headquarters in Panama City;
    5. Knowledge exchange on best practices at the Iona Wastewater Treatment Plant on Iona Island, British Columbia.

    To guide project developers in designing and implementing proposals that combine conservation and sustainable development, AFI has also released four practical and strategic guides:

    • Guide 1: High biodiversity and carbon-dense ecosystems.
    • Guide 2: Water security: drinking water, sanitation, and access to irrigation.
    • Guide 3: Coastal management.
    • Guide 4: Infrastructure.

    The relevance of AFI is grounded in the premise that conservation without funding is merely conversation. Without agile and sustainable financial resources, effective conservation, protection, and restoration of nature cannot be achieved. Currently, there is a financial gap of between $598 billion and $824 billion annually needed to implement actions addressing the climate crisis and biodiversity loss.

    One of the primary objectives of the sixteenth Conference of the Parties (COP 16) to the Convention on Biological Diversity (CBD), taking place in Cali, is to advance the details and mechanisms for meeting Target 19 of the Global Biodiversity Framework: achieving the annual mobilization of at least $200 billion by 2030. Of this amount, it is expected that at least $30 billion will be directed toward developing countries, which are often more severely affected by climate change impacts and wildlife decline.

    As of the date of this statement, eight governments have pledged $163 million to enable the Global Biodiversity Fund (GBFF) to implement the Kunming-Montreal Biodiversity Framework. While this is a step forward, it remains insufficient given the scale of what is required and the context we face.

    The protection and sustainable use of the services and resources we receive from nature are not solely the responsibility of the naturalist or scientific community. More than half of the world’s economy depends on the benefits provided by nature: clean water and air, fertile soils, food, medicine, raw materials, among others. More than half of the global GDP is moderately or highly dependent on nature and its services. Consequently, this figure is linked to the risks and impacts associated with the destruction of nature.

    Therefore, actions aimed at the conservation, restoration, and sustainable management of ecosystems and their biodiversity are an obligation and responsibility for all sectors, as they form the fundamental basis for our societies to continue existing and thriving. Fortunately, much of the answer to the challenge of channeling financing for biodiversity lies within nature itself.

    “Nature-Based Solutions (NbS) are actions to protect, sustainably manage, and restore natural and modified ecosystems that effectively and adaptively address societal challenges while simultaneously benefiting people and nature” (IUCN, 2016).

    In this context, at COP15 in Montreal, the National Audubon Society, BirdLife International, and the Development Bank of Latin America and the Caribbean (CAF) forged a commitment and the foundations of a strategic, transformative, and visionary alliance that will mobilize investment for nature and the communities that depend on it through a comprehensive financial mechanism.

    AFI is a symbiosis for prosperity that combines cutting-edge applied science and agile financial mechanisms to sustainably manage over 30 marine and terrestrial landscapes by 2050, mobilizing between $3 trillion and $5 trillion.

    Elizabeth Gray, CEO of Audubon, highlighted the importance of the initiative: “We are working together to protect 30 terrestrial and marine landscapes across this vast region. This is essential for promoting nature-based solutions and sustainable development. The Americas is one of the most biodiverse regions in the world, and we have much to do to address both the biodiversity and climate crises.”

    Martin Harper, CEO of BirdLife International, expressed gratitude and recognition to the teams from the three organizations for their hard work in reaching this point: “We are building something very special, something that will unite conservation efforts across the Americas. This initiative is already inspiring similar projects in other major migratory routes worldwide.”

    Sergio Díaz Granados, Executive President of CAF, reminded attendees of the bank’s efforts to become the green bank of the region, including increasing its capital to address the climate emergency: “The loss of biodiversity is one of our most urgent problems. Mitigating it and adapting is not a choice; it is a responsibility we must fulfill. We have been collaborating with institutions like Audubon and BirdLife to bridge conservation gaps in Latin America and the Caribbean.”

    MIL OSI Economics –

  • MIL-OSI USA: Oregon State Fire Marshal incident management team members returning from Hurricane Helene recovery in North Carolina

    Source: US State of Oregon

    he Oregon State Fire Marshal incident management team sent to North Carolina in mid-October will return home at the end of the week after a two-week deployment. The team was in Yancey County helping with Hurricane Helene recovery.

    Oregon Incident Commander Lance Lighty and Plans Section Chief Bill Boos will replace departing personnel to ensure a seamless transition in leadership and maintain strong support for North Carolina’s ongoing recovery operations. Lighty will take command from Incident Commander Ian Yocum, leading the OSFM’s continued assistance efforts.

    The incoming OSFM team members traveled Tuesday. After arrival, they will shadow the current team and take over command the following day, marking the next phase of the OSFM’s support in North Carolina.

    “Our team is honored to contribute to the community’s continued recovery in the aftermath of Hurricane Helene,” Oregon State Fire Marshal Mariana Ruiz-Temple. “The commitment and expertise of our incident management teams reflect Oregon’s dedication to supporting others in times of need.”

    The OSFM has three all-hazard incident management teams. They typically respond to help communities when they are impacted by wildfire. The team was ordered through the Oregon Department of Emergency Management and the Emergency Management Assistance Compact. The compact provides help during governor-declared emergencies or disasters by allowing states to send personnel, equipment, and supplies to support response and recovery efforts in other states.

    MIL OSI USA News –

  • MIL-OSI USA: Senator Wicker Commends Dr. Darsey’s Appointment to Federal Board

    US Senate News:

    Source: United States Senator for Mississippi Roger Wicker
    WASHINGTON – Today, U.S. Senator Roger Wicker, R-Miss., commended the appointment of Dr. Damon Darsey to the FirstNet Authority Board of Directors. Senator Wicker recommended Dr. Darsey to the Acting Associate Administrator of the Office of Public Safety Communications at the U.S. Department of Commerce and Secretary Gina Raimondo.
    The Board of Directors provides oversight of FirstNet, which is a nationwide interoperable public safety broadband network designed to connect first responders across departments for large-scale disasters. The board is also responsible for providing FirstNet with overall policy direction and strategic guidance.
    “Dr. Darsey has been a leader in public safety for Mississippi. For years, he has been engaged in the policy, development, technical, and political challenges around deploying a dedicated public safety network. His experience as the Medical Director for the Mississippi Department of Public Safety is a valuable asset to the board’s composition. I am confident he will continue to be an advocate for our communities and first responders,” Senator Wicker said. 
    Since 2010, Dr. Darsey has been the principal investigator of nearly $36 million of grants focusing on the clinical and academic interest of improving the communications, care, and coordination of first responders and in-field medical care.

    MIL OSI USA News –

  • MIL-OSI USA: October 30th, 2024 Heinrich Delivers Keynote Address at Veterans Business Summit

    US Senate News:

    Source: United States Senator for New Mexico Martin Heinrich
    PHOTOS & VIDEOS
    ALBUQUERQUE, N.M. — Today, U.S. Senator Martin Heinrich (D-N.M.), a member of the Senate Appropriations Committee, delivered a keynote address at the New Mexico Veterans Business Summit highlighting how investments in veteran-owned businesses have grown New Mexico’s economy and created jobs New Mexicans can build their families around. 
    Heinrich secured $50,000 through the Appropriations process for the New Mexico Veterans Business Advocates Expo to provide New Mexico’s veteran-owned businesses an opportunity to interact with potential partners, customers, and employees, supporting their success and growth.
    Heinrich also highlighted his work to expand veterans’ benefits and access to the health care they’ve earned and deserve.

    U.S. Senator Martin Heinrich (D-N.M.) delivers a keynote address at the New Mexico Veterans Business Summit, October 30, 2024.
    “Small, locally-owned businesses — including veteran-owned businesses — are the beating hearts of our communities and backbone of our economy,” said Heinrich. “Our veterans leave their military service with unique skills and experience. I was proud to secure $50,000 in the 2024 Appropriations Bills to support the New Mexico Veterans Business Summit that is providing resources to help veteran-owned small businesses and military veterans looking for new career and entrepreneurial opportunities. I remain committed to supporting our state’s veterans and small business owners, lowering costs, growing our economy, and connecting New Mexicans to high-quality careers they can build their families around.”

    U.S. Senator Martin Heinrich (D-N.M.) at the New Mexico Veterans Business Summit, October 30, 2024.
    Heinrich remains unwavering in his commitment to provide the care and benefits that veterans deserve and have earned.
    This year, the VA has served more veterans than ever before and provided more care and benefits to veterans who were exposed to toxins during their time in the military because of the successful implementation of the Honoring our Promise to Address Comprehensive Toxics (PACT) Act, bipartisan legislation that Heinrich helped lead as then-Chair of the Senate Appropriations Subcommittee on Military Construction, Veterans Affairs, and Related Agencies. 
    The PACT Act was signed into law in 2022 and has provided a record expansion of care and benefits for veterans. As a result, more veterans are filing claims and receiving their long overdue earned benefits, including disability compensation and GI Bill benefits.
    Heinrich also recently passed legislation to protect veterans’ earned benefits and ensure the Department of Veterans Affairs (VA) is able to continue to pay disability compensation, surviving spouses and dependent compensation, pension, and education benefits to veterans, including nearly 70,000 New Mexicans.
    Additionally, Heinrich recently announced the Senate Appropriations Committee’s bipartisan, unanimous passage of the Fiscal Year 2025 Military Construction, Veterans Affairs, and Related Agencies Appropriations Bill, which included $3.2 billion to expand programs providing critical services and housing for veterans and their families. Heinrich also fought to include key language to protect access to abortion for veterans in cases of rape, incest, and when the life of the mother is at risk, but the Committee did not ultimately include the provision.
    In the Fiscal Year 2024 Military Construction, Veterans Affairs, and Related Agencies Appropriations Bill, Heinrich successfully advocated for major increases in funding to programs that support veterans in New Mexico and throughout the United States. He also successfully included key language to protect access to health care for veterans in New Mexico and nationally. Specifically, Heinrich secured increased funding to provide access to care for rural and Tribal veterans, transportation for rural veterans, rural health care for veterans, assistance to homeless veterans, construct state extended care facilities, improve veteran access to Suicide Prevention Coordinators, increase research on prosthetics and limb loss, and build on the work of neurology-related Centers of Excellence. 
    Additionally, in the Fiscal Year 2024 Transportation, Housing and Urban Development, and Related Agencies Appropriations Bill, Heinrich successfully ensured that funding was not cut from the Tribal HUD-VA Supportive Housing Program, which provides rental assistance and supportive services to Nativ

    MIL OSI USA News –