BOE Report

Alan Tambosso

Canamax Energy Ltd.: Non-Core Property Divestiture

Sayer Energy Advisors has been engaged to assist Canamax Energy Ltd. with the sale of certain non-core oil and natural gas properties located in the Hardy area of Saskatchewan and in the Retlaw area of Alberta (the “Properties”). Recent production net to Canamax from the Properties has averaged 236 boe/d, consisting of 860 Mcf/d of natural gas and 93 barrels of oil and natural gas liquids per day. In the Hardy area of Saskatchewan, Canamax holds an average 98.5% operated working interest [Read more]

Questfire Energy Corp.: Property Divestiture & Joint Venture Opportunities

Sayer Energy Advisors has been engaged to assist Questfire Energy Corp. (“Questfire” or the “Company”) with the sale or farm-out of certain assets located throughout Alberta (the “Properties”). The Properties are located in the Medicine Hat, Carstairs, Garrington, Oberlin (Delburne), Gadsby, Willesden Green, Chigwell, Ferrybank, Westerose, Brazeau River, Lloydminster, Mannville, Cache, Fir, Niton-Leaman, Kakwa and Girouxville areas of Alberta. Questfire has a number of joint venture [Read more]

MNP Ltd – COGI Receivership Sale

MNP Ltd. was appointed as receiver and manager (the “Receiver”) of all of the assets, properties and undertakings of COGI Limited Partnership, Canadian Oil & Gas International Inc. Conserve Oil Group Inc. and Conserve Oil 1st Corporation (collectively “COGI” or the “Company”) pursuant to orders of the Court of Queen’s Bench of Alberta. Sayer Energy Advisors has been engaged to assist the Receiver in divesting all of the oil and natural gas properties held by COGI (the “Properties”).  [Read more]

Rolling Hills Energy Ltd.: Queenstown, Alberta Property Divestiture

Sayer Energy Advisors has been engaged to assist Rolling Hills Energy Ltd. (“Rolling Hills” or the “Company”) with the sale of its oil and natural gas property located in theQueenstown area of Alberta (the “Property”). At Queenstown, Rolling Hills holds an interest in a total of 47.5 sections of land.  The Company holds a 100% working interest in seven wells and a royalty interest in an additional three wells.  Rolling Hills operates two natural gas wells and three oil wells, all producing [Read more]

Shell Canada Limited: Kaybob Duvernay Land Divestiture

Sayer Energy Advisors has been engaged to assist Shell Canada Limited with the marketing of certain of its Duvernay rights in the Kaybob area of northwestern Alberta. At Kaybob, Shell holds a 100% working interest in a total of 50 sections of land with Duvernay rights.  There is between four and five years remaining on the majority of the licenses. The land has been proven to be productive for Duvernay oil.  Shell commenced producing oil from a horizontal Duvernay well on the land in 2014. [Read more]

Rolling Hills Energy Ltd.: Queenstown, Alberta Property Divestiture

Sayer Energy Advisors has been engaged to assist Rolling Hills Energy Ltd. (“Rolling Hills” or the “Company”) with the sale of its oil and natural gas property located in the Queenstown area of Alberta (the “Property”). At Queenstown, Rolling Hills holds an interest in a total of 47.5 sections of land.  The Company holds a 100% working interest in seven wells and a royalty interest in an additional three wells.  Rolling Hills operates two natural gas wells and three oil wells, all producing [Read more]

Pan Pacific Oils Ltd.: Divestiture of P&NG and Oilsands Leases

Sayer Energy Advisors has been engaged to assist Pan Pacific Oils Ltd. and its internal partners (“Pan Pacific” or “the Company”) with the divestiture of its 151.5 sections of undeveloped P&NG leases located in various areas of Alberta, and its 93 sections of oilsands leases located in the Cold Lake, Driftwood and Athabasca areas of Alberta (the “Properties”).  The Company’s preference is to sell the Properties for cash or cash plus an over-riding royalty. West of the Fourth Meridian, Pan [Read more]

Clearview Resources Ltd.: Non-Core Property Divestiture

Clearview Resources Ltd. (“Clearview” or the “Company”) has engaged Sayer Energy Advisors to assist it with the marketing of its non-core oil and natural gas properties. The properties, all of which are non-operated, and the majority of which are unit interests, are located in the Aden/Lait, Manyberries, Brant, Majorville, Cessford, Crossfield, Carstairs, Caroline and Warburg areas of Alberta and in the Boundary Lake area of British Columbia (the “Properties”). Recent production net to [Read more]

Front Range Resources Ltd.: Bigstone Montney Development Opportunity & Wilson Creek Production

Sayer Energy Advisors has been engaged to assist Front Range Resources Ltd. (“Front Range” or the “Company”) with the sale of certain properties located in theBigstone and Wilson Creek areas of Alberta (the “Properties”). Recent production net to Front Range from the Properties has averaged 49 boe/d, consisting of 149 Mcf/d of natural gas and 24 barrels of oil and natural gas liquids per day. At Bigstone, Front Range holds an operated working interest in eight gross, three and a half net [Read more]

Toro Oil & Gas Ltd.: Non-Core Property & Pipeline Divestiture

Sayer Energy Advisors has been engaged to assist Toro Oil & Gas Ltd. (“Toro” or the “Company”) with the sale of its non-core oil and natural gas properties which are located in Alberta and Saskatchewan (collectively the “Properties”). Toro holds varying operated and non-operated producing properties located in the Pembina, Schuler, Alderson-Medicine Hat, Lone Pine Creek, Three Hills, Redwater, Crossfield, Tony Creek and Dawson areas of Alberta.  The Valhalla property has recently been [Read more]