Alvarez & Marsal Canada Inc. ("A&M"), in its capacity as Court appointed Receiver and Manager of Manitok Energy Inc. and Raimount Energy Corp. (collectively "Manitok" or the "Company"), is seeking offers to purchase the assets of Manitok and has retained Peters & Co. Limited ("Peters & Co.") as its exclusive financial advisor to assist in this process. Confidential information will be made available to parties who execute a confidentiality agreement. Offers to purchase the [Read more]
Canada Weekly Rig Count Down 14 to 209
Western Canada’s fleet of drilling rigs declined to to a total of 209 according to data collected by Baker Hughes for the week of August 10th. From one week ago, Alberta rig counts decreased from 156 to 140. Saskatchewan's rig count remained at 46. Oil drilling went from 152 to 140; natural gas rigs decreased from 71 to 69. 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 Aug. 3 Electrical, Instrumentation & Controls Technician TransCanada Oyen Aug. 2 Field Operator Roska DBO Fox Creek Aug. 2 Plant Operator / 2nd Class [Read more]
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Design + Building Oil & Gas Infrastructure – A Modern Approach
Walking into the office of Mike Esfarjani, President & CEO of EPFC Corp, it doesn’t take long for one to notice on his wall a large project charter mounted in a heavy black frame. The charter is surrounded by well known corporate logos and features the signature of each partner associated with an exciting new venture. “It represents the commitment of our strategic vendors for the design build of a natural gas plant, water hub, and gathering system for a major oil and gas producer in the [Read more]
Canada Weekly Rig Count Unchanged From Last Week
Western Canada’s fleet of drilling rigs remained at 223 according to data collected by Baker Hughes for the week of August 3rd. From one week ago, Alberta rig counts increased from 150 to 156. Saskatchewan's rig count decreased from 52 to 46. Oil drilling went from 154 to 152; natural gas rigs increased from 69 to 71. View a full breakdown of western Canada’s rig activity. [Read more]
Iron Bridge Responds to Velvet Energy’s Continued Misleading Attacks, Recommends That Shareholders REJECT Velvet’s Undervalued, Hostile Offer
Velvet’s Predatory Cash Offer Significantly Undervalues Iron Bridge’s Assets and Deprives its Shareholders of Substantial Upside Potential White Knight and Strategic Alternatives Process Continues to Advance CALGARY, Alberta – July 31, 2018 – Iron Bridge Resources Inc. (“Iron Bridge”, “IBR” or the “Company”) (TSX: IBR) today responded to a desperate campaign of misinformation recently presented by Velvet Energy Ltd (“Velvet Energy” or “Velvet”), intended to mislead Iron Bridge shareholders [Read more]
Manitok Energy Inc. Receivership Sale
Alvarez & Marsal Canada Inc. (“A&M”), in its capacity as Court appointed Receiver and Manager of Manitok Energy Inc. and Raimount Energy Corp. (collectively “Manitok”), will be launching a broadly marketed sales process for the assets of Manitok and has retained Peters & Co. Limited (“Peters & Co.”) as its exclusive marketing agent to assist in this process. The information memorandum and confidentiality agreement will be launching shortly. Data room access will be made [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 Jul. 31 Team Lead Maintenance - RIPET AltaGas Prince Rupert Jul. 30 Mechanical Engineer Canadian Natural Resources Calgary Jul. 30 Exchange Analyst Canadian [Read more]
Canada Weekly Rig Count Up 12 to 223
Western Canada’s fleet of drilling rigs went up from 211 to 223 according to data collected by Baker Hughes for the week of July 27th. From one week ago, Alberta rig counts increased from 144 to 150. Saskatchewan's rig count increased from 46 to 52. Oil drilling went from 142 to 154; natural gas rigs remained at 69. View a full breakdown of western Canada’s rig activity. [Read more]
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