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Used Motor Oil Refinery Receivership Sale: KSV Restructuring Inc. – Independent Renewable Resources Corp.

On November 13, 2025, the Court of King’s Bench of Alberta granted an order pursuant to the Bankruptcy and Insolvency Act, appointing KSV Restructuring Inc. (“KSV”) as the receiver and manager (the “Receiver”) over all the current and future assets, undertakings, and properties (collectively, the “Property”) of Independent Renewable Resources Corp. (“IRRC”) and Independent Energy Holdings Inc. (“IEHI”, and collectively, the “Companies”). On January 15, 2026, the Receiver obtained an order, [Read more]

“Results from the Grand Rapids are crushing our expectations” – Headwater encouraged by success of its new oil play – StackDX Intel

Headwater released an operations update late last week, with the full press release accessible here. While a small part of the company's overall production, Headwater Exploration pointed out the success it is having with its new Grand Rapids oil play in Marten Hills West, excerpt below: Grand Rapids Formation in Marten Hills West Results from the Grand Rapids are crushing our expectations. Our first production commenced from the Grand Rapids in May 2025, and this zone now contributes [Read more]

ARC Resources potentially looking to acquire certain assets from Harvest Operations Corp. – StackDX Intel

It appears that ARC Resources is potentially looking to acquire assets from Harvest Operations Corp. and Deep Basin Partnership, according to a recent public filing. A merger review with the Canadian Competition Bureau was opened on January 15, 2026, listing the 3 parties. The outcome of the review is still listed as Ongoing. As with all Competition Bureau processes, no further details are provided, and the size or scope of a potential transaction is not provided. However, a little digging [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. 20 Short Term Field Operator Roska DBO Grande Prairie Jan. 19 Journeyperson Instrumentation Technician Strike Group Cranbrook Jan. 19 Journeyperson [Read more]

Baserado Resources Ltd.: Property Divestiture

Baserado Resources Ltd. (“Baserado” or the “Company”) has engaged Sayer Energy Advisors to assist the Company with the joint venture, farmout, or sale of its mineral interests located in the Nipisi and Craigend areas of Alberta, and the Arcola/Browning and Steelman areas of southeastern Saskatchewan (the “Properties”). The Properties consist of predominantly 100% working interests in Crown and Freehold mineral rights with prospective drilling locations for oil and natural gas. At [Read more]

Paul Colborne to receive 2026 Saskatchewan Oil Person of the Year Award

As Chairman of the Saskatchewan Oil and Gas Hall of Fame Committee, I am pleased to announce our nominations for the 2026 Oil Person of the Year and Saskatchewan Hall of Fame inductees with presentation of the awards scheduled for Wednesday June 3, 2026 at the Weyburn Oil Show. The semi-annual Oil Person of the year award has been awarded for over 35 years, recognizing many individuals that have contributed significantly to the Saskatchewan oil and gas industry. The Committee also presents Hall [Read more]

Harold Hamm set to halt Bakken drilling – “Margins are basically gone” – Bloomberg News

Harold Hamm, the oil billionaire and a founder of Continental Resources, told Bloomberg News in an interview on Friday that Continental Resources is set to halt drilling in the Bakken formation as low oil prices have eroded profit margins. According to the article, this will be the first time in over 30 years that Hamm will not have active drilling rigs in North Dakota. Breakevens in the play average around $58/bbl, according to a report by BloombergNEF, very close to where current prices [Read more]

January 14th Alberta Crown Land Sale totals $15.1 MM – First land sale of the year in the books with a solid start – StackDX Intel

The Alberta Government brought in $15.1 MM on its January 14th Crown land sale. In total, 39,369 hectares were sold at an average price of $384.26/ha. Click here to see the full land sale results on StackDX Intel (go to LAND --> Land results --> +). Click here for more details on the StackDX suite of software solutions for oil & gas data, including client testimonials and case studies. [Read more]

Sale and Investment Solicitation Process: KSV Restructuring Inc. – Cabot Energy Inc.

On December 18, 2025, the Court of King’s Bench of Alberta granted an order pursuant to the Companies’ Creditors Arrangement Act, (“CCAA”) appointing KSV Restructuring Inc. (“KSV”) as the monitor (the “Monitor”) of Cabot Energy Inc. (“Cabot” or the “Company”).  As part of the CCAA proceeding, the Company has engaged Sayer Energy Advisors to assist it with a Sales and Investment Solicitation Process (the “SISP”). The SISP is intended to solicit interest in, and opportunities for a sale of, or [Read more]

Report suggests CNRL in talks to acquire Tourmaline’s Peace River High assets – Where are the assets and why are they for sale now? – StackDX Intel

Tourmaline announced with its Q3 results in November that it would be assessing interest in its Peace River High (PRH) asset for a potential sale. Management further expanded on its rationale on the conference call after the results came out. This morning an article surfaced suggesting that the company might be one step closer to finding a buyer, as CNRL is said to be exploring Competition Bureau approval for a potential transaction. So what and where are the assets that might be involved? [Read more]