Efficient and effective operational risk management processes and controls drive better business decisions in less time. Unfortunately, the relationship between operational risk management and data storage, integration, and access is often misunderstood. The good news is that companies are taking steps toward more data-driven approaches to their risk-based decisions. To its credit, the industry has started to make the implementation of better operational risk management tools and processes [Read more]
Barnwell of Canada, Limited – Divestiture of non-core oil and gas producing assets
Barnwell of Canada, Limited (“BOCL” or the “Company”) has initiated a process to divest of the Company’s non-core, largely non-operated, conventional light oil and natural gas assets which averaged ~140 bbl/d and ~350 Mcf/d and generated annualized net operating income of $1.0 million (the “Properties”) to BOCL’s working interest in Q4/2020. ARCO Capital Partners Inc. has been retained as financial advisor to assist in this sales process. The Properties include: Wood River 21.15% [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 Apr. 27 Environmental Supervisor (Contract) Bowron Environmental Group Ltd Calgary Apr. 26 Analyst, Market Risk AltaGas Calgary Apr. 26 Transportation [Read more]
20 years of reliable pump jacks
Ecoquip Artificial Lift is proud to announce its 20th year of providing high-quality, hydraulic pumping units to the Western Canadian oilpatch. Headquartered in Calgary and privately owned, Ecoquip has been supporting pumping operations for all types of applications in all parts of Alberta, BC, and Saskatchewan. Its longevity can be tied to it’s principle enshrined in their corporate messaging this year In honour of the 20th anniversary, Reliable Pump Jacks period. The artificial lift [Read more]
Replacing polyethylene lining system with a spray-applied seamless system proven to minimize tanks leaks
Our team at Western Engineered Containment (WEC) worked closely with one of our clients to solve a problem that they were facing - they discovered many leaks on their above-ground lined tanks. While the current lining method involves the fabrication of polyethylene sheet liners into the cylindrical shape of the tank, these methods weren’t proven successful for our clients. As a result of the current lining method, ineffective seams at the junction of the wall and the circular base lead to the [Read more]
Ardee Resources and Cumulus Investments have retained CB Securities as its advisor for the sale of their Dunvegan oil and gas property
Non-Binding Bids for the combined Dunvegan interests are due by noon on Wednesday, May 19, 2021. Highlights include: 1.25% unitized working interest in the Dunvegan Gas Unit No. 1 with a 6% historical decline rate Includes working interest in the 240 MMcf/day gas plant facility and infrastructure 2.68% working interest in 2 non-Unit Debolt oil wells with a 4% decline rate 87 BOE/day (390 Mcf/day of 1,155 BTU/Scf sales gas, 8 Bbls/day of oil/condensate, some NGL’s) 63 [Read more]
CAPL & Pandell Present: wrangling the double black swan with Ken Larson at the CAPL AGM
Join the Canadian Association of Petroleum Landmen and Pandell as they present Executive Coach, Ken Larson in a virtual event on Thursday, April 29, 2021 at 11:30 a.m. Tune in during your lunch break for some uplifting motivation and advice to give us the skills to more easily deal with the tumultuous events hitting our industry, our personal lives, and our community. Note this presentation will commence after CAPL's AGM matters. This event is guaranteed to get your energy going, provide [Read more]
Synergy Land Services hires Vice-President
Synergy Land Services is pleased to announce that Mr. David Serfas has joined the team as vice-president, supporting day to day operations, business development and strategic planning, in addition to project management duties. David adds youth to the senior management team, and valuable upstream project management experience for the organization as a whole. David has a Bachelor of Commerce, Petroleum Land Management degree, Project Management Professional designation, Aboriginal Relations [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 Apr. 20 Project Manager Summit, An Earth Services Company Calgary Apr. 19 Emissions Technologist Vertex Calgary Apr. 19 Hot Oiler/Pressure Truck [Read more]
PSAC statement on Federal Budget 2021
Canada’s oil and natural gas services sector association, the Petroleum Services Association of Canada (PSAC), is pleased to see a number of measures that will help the natural resources sector. Debt and deficit reduction and restoring investor confidence to ensure long-term growth and economic prosperity however, remain to be addressed. Elizabeth Aquin, Interim President and CEO of PSAC says, “We appreciate the inclusion of several measures that align with PSAC’s advocacy including an [Read more]
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