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Tallahassee Exploration Inc.: Non-core property divestiture

Tallahassee Exploration Inc. (“Tallahassee” or the “Company”) has engaged Sayer Energy Advisors to assist it with the sale of certain non-core operated and non-operated oil and natural gas assets located in the Deer, Medicine Hat, Matziwin, Nipisi, Pine Creek, Princess and Wedge areas of Alberta and the Maxhamish area of British Columbia (the “Properties”). Tallahassee is selling the Properties in order to focus on its core assets. Recent average daily production net to Tallahassee from the [Read more]

Why do industrial companies struggle with digital marketing and advertising?

Unless you’ve been living under a rock for the past decade, you’re likely well aware of digital marketing. Industrial companies know it exists and even know they’re supposed to be doing it, but more often than not, they struggle to execute it and end up abandoning it. So why is digital marketing and advertising so challenging for the energy sector? Don’t see it directly impacting sales, and give up on it. While most companies have heard about the benefits of digital marketing, many [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 Jun. 7 Customer Experience Representative - 18 Month Term Roska DBO Burnaby Jun. 7 Staff Reliability Engineer Pembina Calgary Jun. 7 Sr Commercial Services [Read more]

Surge Energy Inc.: Non-Core property divestiture

Surge Energy Inc. (“Surge” or the “Company”) has engaged Sayer Energy Advisors to assist the Company with the sale of certain non-core oil and natural gas interests located in various areas of Alberta and Saskatchewan (the “Properties”). The Properties have been split geographically into the North Package, East Central Package, West Central Package and South Package as shown on the offsetting map. The Properties consist of various working interests in both operated and non-operated oil and [Read more]

Saturn Oil & Gas Inc. announces accretive Viking light oil acquisition in Saskatchewan expanding current production over 50%, bought deal financing, revised guidance and three year strategic plan

Strategic $260 million asset acquisition expands Saturn's proforma production by over 50% on closing to ~11,4001 boe/d to be funded by combination of term debt and a $65 million bought-deal subscription receipt financing Accretive transaction drives 2023 guidance for adjusted funds flow2 of $223 million equating to $3.98 per share Provides substantial free cash flow which can be directed to debt reduction and to fund top tier organic growth (25% from closing to the end of 2023), both of [Read more]

Paramount Resources Ltd. announces June dividend

CALGARY - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) is pleased to announce that its Board of Directors has declared a cash dividend of $0.10 per Common Share that will be payable on June 30, 2022 to shareholders of record on June 15, 2022. The dividend will be designated as an "eligible dividend" for Canadian income tax purposes. About Paramount Paramount is an independent, publicly traded, liquids-focused Canadian energy company that explores for and develops both [Read more]

Helium Evolution: Working to unlock Canada’s helium potential

When most people think about helium, they think about party balloons. While helium does still serve those balloons well due to its low density, helium also has many other important uses in our society, from science and medical technology, to tech manufacturing and space exploration. Helium is second only to hydrogen in terms of prevalence in the universe, however it is scarce on earth. Helium is formed during natural radioactive decay from elements such as uranium and thorium. Helium is [Read more]

Delta Petroleum Investments Limited has retained CB Securities Inc. as its advisor for the sale of their royalty interests

Non-Binding Bids are due by Thursday, June 23rd, 2022. Highlights: ~$205 thousand of annualized royalty income at US$100/Bbl WTI ~$175 thousand annualized royalty income at US$85/Bbl WTI ~$235 thousand annualized royalty income at US$115/Bbl WTI Lighter oil production from several Midale Units (Benson Units, Hazlet Unit, Weyburn Unit), and some non-Unit wells in Queensdale Declines are mostly very shallow Overall producing Reserve Life Index >10 years Royalties [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 May. 31 Shift Foreman Roska DBO Drayton Valley May. 31 Field Contract Operator Prairie Provident Resources Grand Prairie May. 30 Heavy Oil Field [Read more]

Highly experienced Geoscientist for hire!

-Professional Geologist -15+ years fully-employed -Open to short, long-term contract and more -Experienced in Triassic, Mannville & Devonian -Strong Operational Chops -Strong Data Skills -Creative, Business-oriented Enquire within: explore.acquire.develop@gmail.com [Read more]