BOE Report Staff

Iron Horse Group Inc. is proud to announce that hand sanitizer is now available for purchase online at ironhorsesanitizer.com. Iron Horse Group Incorporated is a First Nations project management and specialty chemistry company focused on water treatment and other industrial services for every significant resource sector within Canada. Iron Horse Group Inc. is proud to be the official Canadian supplier of Genesis Chemical Blending’s Essential Hand Sanitizer Gel (72% Ethanol based) and [Read more]

Canada’s fleet of active drilling rigs grew from 26 to 32 since last week according to data from Baker Hughes. Total drilling count was 32 at July 17. 6 rigs were drilling for oil; 26 for natural gas. The drilling activity in Alberta grew from 16 to 20 since last week. Saskatchewan’s drilling grew to 3 rigs. View a full breakdown of Western Canada’s rig activity. [Read more]

ARMOUREE Inc. (ARMOUREE) a web-based inventory management platform tailored to energy equipment, enters into agreement with Orphan Well Association (OWA). AMROUREE is pleased to announce that the OWA has chosen the ARMOUREE platform for its current inventory management, cataloguing and sales needs (www.armouree.com). “We have been working closely with our largest clients to further expand the service offerings at ARMOUREE while maintaining its robust and simple to use functionality” commented [Read more]

CALGARY, Alberta-- Veracity Energy Services Ltd (Veracity) is pleased to announce the addition of the former Sunset Engineering (Sunset) management and completion team to Veracity’s group effective July 1, 2020. “We are thrilled to add Darren and his consultants to our team as we continue on our growth path,” added Veracity President Mark Wilneff. “This addition prepares us to expand our existing and future clientele and maintain the level of expertise and service quality they have come to [Read more]

Calgary, Alberta / July 6, 2020 / Certus Oil and Gas Inc. (“Certus” or the “Company“) is pleased to announce the acquisition of certain oil and gas assets (the “Assets“) from a private seller (the “Vendor”) within the Sylvan Lake area (the “Acquisition“).  The Acquisition closed on June 26, 2020 with an effective date of September 1, 2019. The Acquisition adds 5,200 boe/d (45% oil and liquids, 55% gas) to the Company’s existing production base.  With a 2019 cashflow from operations of ~$19 [Read more]

COVID-19 has caused significant disruption to many industries across Canada, but for the O&G industry, layering the pandemic on top of historic market volatility has created some unique challenges for business owners. In this second installment of BDO’s Business Rebound Webinar Series, our expert panel will focus on business resiliency in the O&G sector to discuss: Challenges and opportunities in the post-COVID-19 landscape M&A risks to consider The current [Read more]

Canada’s fleet of active drilling rigs jumped from 18 to 26 rigs since last week, according to data from Baker Hughes. Total drilling count was 26 at July 10. 6 rigs were drilling for oil; 20 for natural gas. The drilling activity in Alberta rose from 9 to 16 since last week.  Saskatchewan’s drilling remained at 2 rigs. View a full breakdown of Western Canada’s rig activity. [Read more]