Capital Now began operations in 2007 and hasn’t looked back. Accounts receivable financing is the purchasing of accounts receivables at a discount. This is the business Capital Now is in. Businesses need capital to operate and to grow — and sometimes they need it before clients can pay for completed work. Also known as factoring, accounts receivable financing is a $130 billion industry in the US alone and allows a small or medium-sized business to get their money immediately. It’s a common [Read more]
Montgomery Auction Services Ltd. Announces Auction for Harpoon Energy, June 19
SHOP TOOLS & EQUIPMENT, C-CANS, WELLSITE HOUSING SUPPLIES & COMMUNICATIONS EQUIPMENT AUCTION: HARPOON ENERGY WEDNESDAY, JUNE 19, 2019 @ 10:00AM SALE SITE: 329 Energy Way, Red Deer County, AB DIRECTIONS: South End Gasoline Alley use Exit # 391, North on South East Service Rd. to Energy Blvd., Right on Energy Way Selling 700 Lots Including Sea Can Storage Containers, Pickup Truck Service Boxes, Shop Tools & Equipment, Wheeled Fire Extinguishers, Well Site [Read more]
Canada Weekly Rig Count Up 18 to 103
Western Canada’s fleet of drilling rigs went up by 18 to 103 according to data collected by Baker Hughes for the week of June 7th. From last Friday, Alberta rig counts went from 56 to 63. Saskatchewan's rig count increased from 17 to 25. Oil drilling went from 44 to 59; natural gas rigs went from 41 to 44. View a full breakdown of western Canada’s rig activity. [Read more]
Should US citizens living in Edmonton think about renouncing their US citizenship?
The United States is one of the only countries in the world to tax based on citizenship, which means if you’re a US citizen living outside the United States, you still have yearly IRS tax filing obligations. These tax filing obligations can be an expensive annual hassle (even if you owe no tax) and may even result in double taxation. Fortunately, properly renouncing your US citizenship can provide a way out. Many US citizens have questions regarding renunciation. The process can be complex, [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. 4 Electrician - Apprentice Strike Group Calgary Jun. 4 Quality Manager Brunel North York Jun. 4 Manufacturing Project Manager Brunel North York Jun. [Read more]
Drakkar Energy Ltd. Seeks Joint Venture Partner
Drakkar Energy Ltd. is looking for a joint venture partner to invest $6 million in a multiwell horizontal drilling program in the Montney formation at Girouxville East. Our land base comprises twenty contiguous sections adjacent to two Montney pools. Drilling depth is 1100 metres with initial production rates exceeding 200 BOPD. Click here for a copy of our teaser and contact information for arranging a technical presentation [Read more]
Canada Weekly Rig Count Up 7 to 85
Western Canada’s fleet of drilling rigs went up by 7 to 85 according to data collected by Baker Hughes for the week of May 31st. From last Friday, Alberta rig counts went from 53 to 56. Saskatchewan's rig count increased from 11 to 17. Oil drilling went from 38 to 44; natural gas rigs went from 40 to 41. View a full breakdown of western Canada’s rig activity. [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. 28 IRON TECHNICIAN - (GPC) Trican Well Service Ltd. Grande Prairie May. 28 ELECTRONICS TECHNICIAN - (RDT) Trican Well Service Ltd. Red Deer May. 28 Senior [Read more]
Sproule Webinar: The Competitiveness of Canadian Natural Gas and LNG on a Global Scale
Sproule invites you to join us: The Competitiveness of Canadian Natural Gas and LNG on a Global Scale Thursday, June 13 | 10:00 am MST | 45-Minutes Join Sproule VP, Chris Mylde and Dave Tulk, Principal, GTI for a complimentary webinar featuring insights on how Canadian LNG and natural gas compare to other basins around the world. These experts will dive into Canada's inherent advantages and how Canada can evolve to maximize competitiveness on a global scale. Register Here [Read more]
The Service Exodus from Alberta to Texas
The movement of human capital and specialized oilfield equipment from Alberta to West Texas is alarming. I completely agree with Dan Hoffarth’s (Citadel Drilling) 2018 statement regarding his company’s transition to Texas: “this was a need, not a want”. Today, five out of six high-spec Citadel rigs are working in the Permian Basin and ~90% of their revenue is expected to come from south of the border (DOB, 2019). Connate Water Solutions is a specialized hydrogeology company and we track [Read more]
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