BOE Report Staff

Cornerstone Engineering has helped deliver multiple electrification projects for oil and natural gas facilities of all sizes, supporting the shift away from on-site fuel powered generation and compression to utility-supplied power. Our role includes project managing the integration of high-voltage substations in collaboration with specialized substation providers, while also executing process heating system upgrades and converting legacy infrastructure into more efficient, lower-emission [Read more]

FOR IMMEDIATE RELEASE  Calgary, AB – October 24, 2025 – Strike Group Inc. (“Strike”) is pleased to announce the successful completion of a management buyout (“MBO”) from TriWest Capital Partners Fund IV and Fund V (“TriWest”), effective October 24, 2025. This milestone marks the beginning of a new chapter in Strike’s continued growth as a leading provider of construction and maintenance services to the energy, mining, and industrial sectors across Western Canada. Stephen Smith, Chief [Read more]

Integrity Oil Operations Ltd., the operating entity of Integrity Oil & Gas Ltd. (“Integrity” or the “Company”) has engaged Sayer Energy Advisors to assist the Company with the sale of its oil and natural gas interests located in the Furness area of Saskatchewan (the “Property”). The Company holds a 100% working interest in P&NG rights from surface to the base of the Mannville Group in approximately 3 quarter sections (13 LSDs) of land in Section 06-048-27W3. There is no current [Read more]

A private buyer group is seeking to establish a long-term natural gas supply arrangement directly with Alberta-based producers. The aggregate supply requirement is between 5 and 15 MMcf/day, structured in increments of approximately 1 MMcf/day per project site. Key Terms Fixed Price: To be negotiated between the parties Contract Term: Three to five years Delivery Point: Plant gate in Alberta Offtake Structure: To be negotiated This initiative is designed to build stable, [Read more]

FOR IMMEDIATE RELEASE  Calgary, AB – October 22, 2025 – Strike Group Limited Partnership (“Strike Group”) is pleased to announce the launch of Big Chief Strike (BCS), a new legal entity formed in partnership with Big Chief Industrial Inc., a Ktunaxa Nation-owned company. This initiative strengthens our collaborative market presence in Cranbrook and the Kootenay region of British Columbia. BCS brings together complementary services from both organizations, combining Strike’s Electrical [Read more]

With over 3,500 stages completed using the packerless BHA system, field data consistently demonstrates significant operational and environmental advantages for producers aiming to reduce cycle times, lower water consumption, and minimize mechanical risk during multistage completions. In one notable field application, Steelhaus Tryton successfully completed 128 consecutive fracturing stages on a single BHA run using its packerless coil-shiftable sleeve system. This achievement underscores the [Read more]

Calgary’s municipal election has delivered a dramatic change in leadership. Former city councillor Jeromy Farkas has been unofficially declared the new mayor, defeating incumbent Jyoti Gondek and challenger Sonya Sharp in one of the city’s closest races in decades. Farkas’s lead over Sharp is estimated at less than 600 votes — a razor-thin margin that could still trigger a recount before results are certified. A Break from Gondek’s Climate-First Approach Farkas’s win signals a clear pivot [Read more]

SLB reported Q3 2025 revenue of $8.93 billion, up 4% sequentially but down 3% year-on-year, as earnings and margins declined amid a fully supplied oil market, subdued prices, and geopolitical uncertainty. GAAP EPS fell 40% YoY to $0.50, while adjusted EBITDA was flat sequentially and down 12% YoY. Despite the earnings pressure, SLB said global oilfield activity is showing resilience, particularly in the Middle East and Asia, and expects OPEC+ production increases to spur new investment. CEO [Read more]