BOE Report Staff

Since the last major downturn in oil prices, the Grande Prairie Beacon News reported investigations into the theft of $70,000 in oilfield equipment. The Edmonton Journal reported in the same year that two men were facing charges for allegedly stealing $250,000 of gear, from ATVs and snowmobiles to tools and industrial electronics. A disgruntled oilfield worker in Fort McMurray was charged with stealing heavy steel oil-rig mats worth almost $267,000 from a well site. The list goes on. Over the [Read more]

CALGARY, AB – The Petroleum Services Association of Canada (PSAC) extends congratulations to all members of the Government of Canada’s new cabinet sworn in earlier this week. We understand that managing Canada’s economic recovery and the impacts of COVID-19 will be high on their list of priorities. “We wish members of the new cabinet success in their portfolios, and we’re hopeful they will see the energy community a part of the solution to the country’s economic recovery,” said Gurpreet Lail, [Read more]

Fort Saskatchewan auction featuring: Wheel loaders, crawler dozers, picker trucks, truck tractors, dump trucks, bed trucks and much more. All of these assets can be found on Day 1 of our “Absolute Public Online Fort Saskatchewan Consignment Auction Featuring a Major Realignment for Ralph Morrison Rentals and Others” on ClubBid.com, closing on Tuesday, Oct. 2 – Wednesday, Oct. 3 at 10 a.m. (MST) View, join & bid on Fort Saskatchewan day 1 lots here. For more information, please [Read more]

The Estate of Margaret Brassington (deceased) is offering for sale two quarter sections of freehold mineral interests, each of which is producing crude oil and generating royalties. These interests comprise: All mines and minerals except coal within, upon or under the Southwest Quarter of Section 5-49-1 W4M comprising 64.3 hectares (160 acres); and All mines and minerals except coal within, upon or under the Northeast Quarter of Section 19-49-1 W4M excepting thereout any of the waters [Read more]

Fort Saskatchewan auction featuring: Wheel loaders, crawler dozers, picker trucks, truck tractors, dump trucks, bed trucks and much more. All of these assets can be found on Day 1 of our “Absolute public online Fort Saskatchewan consignment auction featuring a major realignment for Ralph Morrison Rentals and others” on ClubBid.com, closing on Tuesday, Oct. 2, Wednesday, Oct. at 10 a.m. (MST). View, join & bid on Fort Saskatchewan day 1 lots here: For more information, please call [Read more]

Newly elected mayor of Calgary, Jyoti Gondek, announced this morning in her first interview as mayor, that her top priority is to declare a 'climate emergency' in the city of Calgary. Gondek said that Calgary has had 'years' to declare a climate emergency, and now is the time 'to get serious and declare [a climate emergency]'. In an interview with Ryan Jespersen, Gondek says this is a bold move and asserts such a claim would bring capital to Calgary. She also said Calgary became [Read more]

The Challenge Find a better way to provide long-range planning analysis for the executives, balancing among U.S.-based resource plays and international exploration, especially in an environment of volatile oil prices. A U.S.-based oil company recently told us how our software cut the time required to evaluate strategic scenarios to less than 4 hours and increased the value of the company by over $900 million. The client requested anonymity, but they were excited to share their experience [Read more]