While the world prepares for a winter of escalating energy prices due to increased demand and policy agendas that have choked off supply, the campaign to try and delegitimize companies in the oil and natural gas sector continues – this time in the ad agency space. A new group who call themselves Clean Creatives has been slowly generating noise in American media and we should expect them to enter Canada’s borders soon. Their aim is to have ad agencies and creatives pledge to never do work for [Read more]
West Lake Energy Corp announce successful execution of a first-of-its-kind “climate differentiated” crude oil transaction
West Lake Energy Corp is delighted to announce that it has successfully executed a “climate differentiated” crude oil transaction – the first of its kind– with one of its off takers. As part of this transaction West Lake Energy Corp (“WLE”) has entered into a term offtake agreement and will be paid a “green premium” for their climate differentiated crude oil. The oil comes with high quality, verified and registered carbon offsets associated. Bruce McDonald, President and CEO of West Lake [Read more]
Aspenleaf Energy Limited – Puskwa, Alberta property divestiture
Aspenleaf Energy Limited (“Aspenleaf” 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 Puskwa area of northern Alberta (the “Property”). Aspenleaf acquired the Puskwa property as part of a larger asset acquisition in the fourth quarter of 2020. The Company is divesting the Property to focus on its core assets. At Puskwa, Aspenleaf holds a 100% working interest in and operates 17 wells capable of [Read more]
Battle River Energy Ltd. – Non-core oil property divestiture
Battle River Energy Ltd. (“Battle River” 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 the Provost area of Alberta, specifically the Consort, Dalmer, Hansman Lake, Kirkpatrick Lake and Veteran areas (the “Properties”). Battle River is selling the Properties in order to focus its operations on its core assets. Average daily production net to Battle River from the Properties for July 2021 [Read more]
Last chance to get in the 10th Annual OSY Hockey Draft!
Enter the 10th Annual OSY Draft Hockey Pool - One entry per person - Closes on October 14th - Free to enter DEADLINE: Thursday, October 14, 2021 ENTER THE DRAFT BY COMPLETING THIS FORM Win a trip to any NHL Playoff Game! The grand prize this year is 2 tickets, flights and hotel for any NHL playoff game. We'll also be giving away the usual weekly prizes of Jerseys, booze, and golf accessories. Check out some of last year's prizes: Spread the Word In our first few years, we [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 Oct. 10 SAP Financial Functional Analyst TC Energy Calgary Oct. 8 Plant Operator Roska DBO Fort St John Oct. 7 Executive Assistant TC [Read more]
ELM Inc. – Are you concerned with the AER’s deemed liability of your facilities?
Do you have a handle on your company’s ARO liability? Whether you need an Asset Retirement Obligation (ARO) liability assessment or a Site-Specific Liability Assessment (SSLA), ELM has a solution for you. More and more attention is being placed on carrying the right ARO value, whether to satisfy internal ESG requirements or to ensure appropriate insurance is being carried. Or maybe you require a SSLA to reduce the LLR deposit that is held by AER. At ELM Inc. this has been a key service to our [Read more]
Canada’s weekly rig count up 1 to 165
Canada averaged 165 active drilling rigs this week according to data from the Canadian Association of Energy Contractors. Of those rigs, 60 are drilling for natural gas, 108 are drilling for oil, and 2 for other (helium, hydrogen, geothermal, or potash). Drilling activity by province is 121 rigs in Alberta, 17 in BC, and 27 in Saskatchewan. View a full breakdown of Western Canada’s rig activity. [Read more]
GLJ October 2021 price forecast – Energy demand currently outpacing supply
With GLJ’s recently updated price forecast, we see current trends pointing towards a much tighter energy supply scenario resulting from rebounding demand. As economies shift from a focus on vaccination rates and controlling the pandemic back towards re-opening and boosting productivity, the demand for energy has quickly returned to near pre-pandemic levels. Supply lagging demand Recent under-investment and lower than average seasonal storage levels throughout North America and Europe have [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 Oct. 5 Consulting Health & Safety Specialist West Lake Energy Corp, Calgary Oct. 4 Field Operator Roska DBO Drayton Valley Oct. 2 NITROGEN OPERATOR - [Read more]
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