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Road 53 Resources Inc. – Corporate Divestiture

Road 53 Resources Inc. (“Road 53” or the “Company”) has engaged Sayer Energy Advisors to assist Road 53 with a sale of the shares of the Company. Road 53 is a private junior oil and natural gas company with assets located in the Leckie area of Alberta (the “Property”). Road 53 is a tightly-held private company with only six shareholders and no debt or severance costs. The Company currently has positive working capital of $1.0 million. At Leckie, Road 53 holds a 100% working interest in certain [Read more]

BOE Intel: Production and capex guidance trends for 2023

With the arrival of the new year, producers across Canada have begun putting new capital to work. In order to get a better idea of what the year ahead holds for the Canadian oil patch, we’ve scoured guidance announcements for the companies within our dataset of over 30 public companies.  The following data and charts are part of our BOE Intel offering that is coming soon. For more information, click the link. While a handful of companies have not published updated budgets and guidance figures, [Read more]

McDaniel, CMG and Hatch announce strategic agreement to deliver comprehensive industry-leading solution for carbon capture and storage

McDaniel & Associates Consultants Ltd., Computer Modelling Group Ltd. (“CMG”) (TSX: CMG), and Hatch Ltd. are pleased to announce that they have entered into a strategic agreement to deliver a comprehensive, end-to-end solution for the planning and execution of carbon capture and storage (CCS) projects globally. With the global presence and expertise of the three companies, this collaboration provides a streamlined, expert advisory and technology solution that supports the full scope of [Read more]

New oil and gas jobs from BOE Report Jobs

Here are the latest oil and gas job postings courtesy BOE Report Jobs. To search and filter all the latest jobs, visit the BOE Report job board. All job listings are free to post for companies. Sign up to create an account to post jobs; it’s simple and easy to use. Posting Date Job Title Company Location Jan. 17 Mechanics: Journeymen or Experienced Apprentice (2/2 camp schedule) Roska DBO Tumbler Ridge Jan. 17 Plant Operator Roska DBO Rocky Mountain House Jan. [Read more]

Reconditioned Equipment for Immediate Sale

The following equipment is for sale and available by heading to https://www.otg.ca/. Each picture and headline is linked for convenience. For any information please feel free to contact Greg Cairns at (780) 806-8700 or greg@otg.ca 72”x20’ 1440 PSI NWP Separator OTG-1091 Built in 2015 1440 psi MAWP 10” gas leg w/SR. Meter Run 10” inlet Full Drawings and QC available Yard stored in Red Deer **New** 30”x10’ 1440 PSI Sweet Separator OTG-1199 New 30”x10’ 3 phase [Read more]

Broadview Energy Ltd. – Marwayne, Alberta Property Divestiture

Broadview Energy Ltd. (“Broadview” or the “Company”) has engaged Sayer Energy Advisors to assist the Company with the sale of its non-core oil and natural gas interests located in the Marwayne area of Alberta (the “Property”). The Property consists of multi-zone, heavy oil production with a low recovery factor to date and with approximately 48.4 million barrels of original oil in place in both the GP and Sparky formations. The Company has a 100% working interest in an oil sands lease on [Read more]

8am Solutions: Wake up to better vendor management

A new player has entered the vendor management space eyeing a return to quality service and affordable rates. 8am Solutions, a Calgary based Software as a Service (SaaS) company, opened its doors in June 2022 and ran a product launch event last November gearing up for a busy 2023.  The company is privately owned with its core leadership group amassing over 23 years of experience in the vendor management space. The 8am vision is “provide a sustainable, scalable vendor management software [Read more]

Receivership Sale: Alvarez & Marsal Canada Inc. – Robus Resources Inc.

On April 12, 2022, Alvarez & Marsal Canada Inc. was appointed as the receiver and manager (the “Receiver”) of the assets of Robus Resources Inc. (“Robus” or the “Company”) pursuant to an Order of the Court of Queen’s Bench of Alberta (as at then was). The Receiver has engaged Sayer Energy Advisors to assist it with a sale of all of Robus’ oil and natural gas interests located in Alberta (the “Property”). The Receiver has also provided a sale and investment solicitation process [Read more]

New oil and gas jobs from BOE Report Jobs

Here are the latest oil and gas job postings courtesy BOE Report Jobs. To search and filter all the latest jobs, visit the BOE Report job board. All job listings are free to post for companies. Sign up to create an account to post jobs; it’s simple and easy to use. Posting Date Job Title Company Location Jan. 10 Journeyperson Instrumentation Technician Strike Group Bonnyville Jan. 10 Plant Operator TAQA North Ltd Crossfield Jan. 10 Senior Reservoir [Read more]

Notice to Industry – Acquisition of Saskatoon Leaseholds Limited by 2163754 Alberta Ltd.

CALGARY, AB – Effective November 1, 2022, Saskatoon Leaseholds Limited (“SLL”) was purchased by 2163754 Alberta Ltd (“216”). 216 acquired all of the issued and outstanding common shares of SLL. SLL is a private Calgary based oil and natural gas company, specializing in royalty interests, royalty trust certificates and mineral rights located across Western Canada and the United States. SLL will continue to operate as a wholly-owned subsidiary of 216. For more information on SLL, please [Read more]