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BOE Report Staff

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Receivership Sale: Point Loma Resources Ltd

On June 8, 2020, BDO Canada Limited was appointed as the receiver and manager (the “Receiver”) of Point Loma Resources Ltd. (“Point Loma” or the “Company”) pursuant to an Order of the Court of Queen’s Bench of Alberta.  The Receiver has engaged Sayer Energy Advisors to assist it with a sale of all of Point Loma’s oil and natural gas properties located in Alberta (the “Properties”).  The Receiver has also provided a Sale Solicitation Process document (the “SSP”) outlining the details of the [Read more]

Canlin Royalty Properties Partnership landsale notice

Canlin Royalty Properties Partnership (“Canlin”), by its Managing Partner, Canlin Energy Corporation, is pleased to announce that the following Petroleum and Natural Gas rights have been posted for Lease at the October 30, 2020 Saskatchewan Landsale. Parcel No.: Legal Description Undivided Mineral Interest W.I. Mineral Rights CEC-2020-04 002-34-W1M Fr W 17; 50% 100% All PNG CEC-2020-05 002-01-W2M SE 13; 50% 100% All PNG CEC-2020-06 002-03-W2M SE [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. 19 Operator, Northwest Hydro Facilities AltaGas Dease Lake Oct. 19 Principal Procurement Specialist Brunel Saskatoon Oct. 18 Mechanical Technician TC [Read more]

Continuous improvement of the Precision Coil frac technology yields massive results for Yangarra Resources in the Cardium

TWO 2-MILE WELLS, 172+ STAGES ON ONE BHA PER WELL, 4.3 MINUTE AVERAGE CYCLE TIMES, WHILE ACHIEVING 60 STAGES PLACED IN 24 HOURS, WITH OVER 3400 PLUS HIGH RATE TONS PLACED PER WELL. One of Steelhaus core values is continuous innovation. To this end, our customers will always be collaborative partners, and we rely on their feedback to drive improvement. Lorne Simpson, Vice president of Yangarra Resources has extensive completions experience in the Cardium including running over 10,000 [Read more]

Canadian Spirit Resources Inc. – Seeking strategic alternatives

Canadian Spirit Resources Inc. (TSXV: SPI) (“CSRI” or the “Company”) has engaged Industrial Alliance Securities Inc. (“iA Securities”) as its exclusive financial advisor to identify and consider various strategic alternatives and their potential to maximize shareholder value, including a reverse merger, recapitalization, reorganization or takeover of the Company, or the sale of some or all of the assets of the Company, or any other alternatives that are considered to be in the best interests of [Read more]

Reduce your carbon footprint with Hyper Vent, a new vent gas capture system

24/7 Compression Ltd is pleased to introduce Hyper Vent, a vent gas capture system designed to recover gas volumes released from compressor packing seal vents, pneumatic instrumentation, control devices and other sources. The system incorporates a gas over gas double-choke ejector; high pressure motive gas passes through the ejector creating a suction port where zero pressure vented gas volumes are drawn in, combined, and discharged at a medium pressure for non-emitting use. Gas can be recovered [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. 8 Maintenance Planner / Scheduler AltaGas Didsbury Oct. 8 Remote Gas Field Operator Roska DBO Fort Nelson Oct. 8 Civil [Read more]

Cor4 Oil Corp.: non-core Southern Alberta shallow natural gas property divestiture

Cor4 Oil Corp. (“Cor4” or the “Company”) has engaged Sayer Energy Advisors to assist with the sale of certain long-life, shallow natural gas assets located in southern Alberta (the “Properties”).  The Properties consist of both operated and non-operated interests located in the Jenner, Dinosaur/Patricia, Cessford and Medicine Hat areas, as well as certain miscellaneous interests grouped in a package named Southern Alberta Minors. Cor4’s net sales production from the Properties for July 2020 [Read more]

PNG Consultants Ltd. announces new appointments and participation in Saskatchewan’s ASCP Program

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PNG Consultants Ltd., a 100% Saskatchewan owned and operated energy consulting firm welcomes Mr. Wayne Fast, P. Eng. and Mr. David Rose, P. Geol. to its team of energy consulting professionals. Wayne is responsible for all operations advisory services including workovers, facilities, production optimization and abandonments and may be contacted at waynef@pngco.ca. David is responsible for providing geotechnical exploration, development, A&D reserves advisory services and may be contacted at [Read more]

Buying Oil and Gas properties? Let us help with the due diligence

Buying oil and gas producing properties today is not just about evaluating the production, reserves and cashflow, its really about understanding the asset’s level of compliance and integrity. We can provide a detailed compliance report outlining the level of compliance, risks and costs for each asset. This will give you, the buyer, a better understanding on valuation. Buyer beware is how purchase and sale agreements are written, that’s where we can help.  During the last five years, [Read more]