Calgary, AB - Free Rein Resources Ltd. (“Free Rein”), a private oil and gas exploration company with operations in Central Alberta, announces the completion of the Joint Venture Partnership with Nucor Environmental Solutions Ltd. (“NES”) to construct a water disposal site located between Devon and Spruce Grove in Alberta. NES will begin constructing the site June 2020, and will begin operations late July 2020. This site will commence with ‘Class II’ injection [Read more]
The next water frontier – saline aquifers & mineral rights
“In the near future – and sooner than most anticipate – there will be a significant reallocation of capital.” – Larry Fink, CEO of BlackRock Why should anyone care about oilfield “alternative water sourcing”? As an innovative company, Connate Water Solutions stays at the forefront of frac water management and alternative water sourcing in Alberta, Texas and New Mexico. The replacement alternative water sources are likely to be a combination of saline groundwater, recycled produced water, [Read more]
Free Rein completes strategic joint venture partnership for new water disposal site in Golden Spike area
Calgary, AB - Free Rein Resources Ltd. (“Free Rein”), a private oil and gas exploration company with operations in Central Alberta, announces the completion of the Joint Venture Partnership with Nucor Environmental Solutions Ltd. (“NES”) to construct a water disposal site located between Devon and Spruce Grove in Alberta. NES will begin constructing the site June 2020, and will begin operations late July 2020. This site will commence with ‘Class II’ injection [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. 22 Senior Internal Auditor (Term) PetroChina Canada Calgary Jun. 19 Lead, Operations Audit AltaGas Calgary Jun. 19 Temporary Senior Manager, Internal [Read more]
Strategies for creating your recovery plan
As the economy reopens and we get back to work, we need to be proactive in protecting our businesses. COVID-19 has left its mark across all industries, and oil and gas has been hit particularly hard. Many organizations are asking hard questions and there are key considerations for oil and gas companies as they plan what comes next. Know who you’re working with Your trusted clients that previously honoured your payment expectations are feeling the impact of the pandemic. How do you know if they [Read more]
Parsley Energy digitizes entire completions operations with Cold Bore Technology’s SmartPAD
Technology deployments lead to efficiency increases of 22% through optimized operations in most recent quarter CALGARY, AB – 16th June, 2020 - Cold Bore Technology Inc. (“Cold Bore”), a leader in completion optimization technology, announced today that existing client, Permian-based oil and natural gas producer, Parsley Energy (Parsley), has digitized its entire completion operations with the SmartPAD operating system. Having carried out its first SmartPAD deployment in December 2019, [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. 15 Proposal Coordinator Strike Group Airdrie Jun. 15 Electrician Apprentice Strike Group Calgary Jun. 15 Commercial Manager Brunel Calgary Jun. [Read more]
After setting a 3 month traffic record, now might be the best time to advertise on the BOE Report
The BOE Report is proud to announce that it has achieved a new record of 1.2 million visits in the last 3 months, with 250 thousand from Alberta alone. We continue to appreciate the support of our readers from all across Canada. The BOE Report is the predominant source for oil and gas news, activity and information for oil and gas producers. Over 400 producing companies use the site every day. Both banner advertisements and sponsored announcements are available. More information can be [Read more]
Canada weekly rig count remains at 21
Canada’s fleet of active drilling rigs remained at 21 rigs since last week, according to data from Baker Hughes. Total drilling count was 21 at June 12. 7 rigs were drilling for oil; 14 for natural gas. The drilling activity in Alberta and Saskatchewan remained the same, at 11 and 6 respectively. View a full breakdown of Western Canada’s rig activity. [Read more]
Vertex Resource Group Ltd. reports fourth quarter and fiscal 2019 financial results
Revenue of $40.7 million and Adjusted EBITDA of $4.5 million for the fourth quarter of 2019. Revenue of $168.1 million and Adjusted EBITDA of $22.3 million for the year ending December 31, 2019. Sherwood Park, Alberta, June 9, 2020 (TSXV:VTX) - Vertex Resource Group Ltd. (“Vertex” or the “Company”) reports its financial and operational results for the fourth quarter and year ending December 31, 2019. The following should be read in conjunction with the Management Discussion and Analysis [Read more]
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