CALGARY, Alberta - Greengate Power Corporation (Greengate) and Copenhagen Infrastructure Partners (CIP) are pleased to announce that they have entered into an agreement with the intention to fund the further development and construction of the Travers Solar project. Subject to the achievement of certain remaining milestones, construction of the project is anticipated to commence in mid-2020, with full commercial operations targeted for the end of 2021. Located in Vulcan County, Alberta, Travers [Read more]
Receivership Sale: Wolf Coulee Resources Inc.
On November 18, 2019, Hardie & Kelly Inc. was appointed receiver and manager (the “Receiver”) of Wolf Coulee Resources Inc. (“Wolf Coulee” or the “Company”). The Receiver has engaged Sayer Energy Advisors (“Sayer”) to assist with the sale of Wolf Coulee’s oil and natural gas properties. The Receiver was appointed by the Court pursuant to the application made by the Orphan Well Association and intends to divest the properties, in whole or in part. The offering presents an opportunity to [Read more]
Canada weekly rig count up 3 to 247
Canada’s fleet of active drilling rigs grew from 244 to 247 since last week according to data from Baker Hughes. Total drilling count was 247 at January 31. 157 rigs were drilling for oil; 90 for natural gas. The drilling activity in Alberta remained at 171 from last week. Saskatchewan’s drilling grew from 51 to 53 rigs. View a full breakdown of Western Canada’s rig activity. [Read more]
PSAC Forecast Update: Oilpatch downturn – five years and still counting
CALGARY, AB – In its first update to the 2020 Canadian Oilfield Services Activity Forecast, released today, the Petroleum Services Association of Canada (PSAC) has revised the number of wells drilled (rig released) across Canada for 2020 to 4,800 wells. This represents an increase of 300 wells, or 7 percent, from PSAC’s original 2020 Forecast released in October 2019. PSAC is basing its updated 2020 Forecast on average natural gas prices of $1.85 CDN/mcf (AECO), crude oil prices of $59.00 [Read more]
New Rex Oil Opportunity on PrairieSky Lands Available for Leasing
PrairieSky Royalty has identified over 40 potential horizontal locations targeting Rex-aged Upper Mannville sands in the Westerose area of Central Alberta. Prospective lands are analogous to recent horizontal activity targeting the Rex in the Wizard Lake and Leduc-Woodbend fields. 29° API oil has been produced from the Rex in the Westerose area, as noted in tour reports and pool data for the 102/16-32-044-03W5 horizonal well. 2D Seismic data is also available for viewing over high-graded [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 Jan. 26 Vice President Engineering & Operations LEC Calgary Jan. 25 May 2020 - Bachelor of Science (Environmental/GIS) Student Opportunities TC [Read more]
Receivership Sale: Houston Oil & Gas Ltd
On October 29, 2019, Hardie & Kelly Inc. was appointed receiver and manager (the “Receiver”) of Houston Oil & Gas Ltd. (“Houston” or the “Company”). The Receiver has engaged Sayer Energy Advisors to assist with the sale of all of the Company’s remaining oil and natural gas properties which are located in southern and central Alberta (the “Properties”). The Receiver was appointed by the Court pursuant to the application made by the Orphan Well Association and intends to divest the [Read more]
Politics & PR: January 29th panel discussion to examine the PR moves, issues and implications of the 2019 federal election campaign and beyond
Calgary, AB, January 27, 2019 – CPRS Calgary, the local chapter of the Canadian Public Relations Society, will host a thought-provoking event that will be of interest to PR and communications professionals as well as Calgary business leaders who would like to understand more about the internal workings of politics, PR, and the democratic process. The event takes place from 5:00 to 8:00 p.m. MST, on Wednesday, January 29, 2020, and is open to all CPRS members and non-members. Appetizers and free [Read more]
TBar1 Transport Ltd. expands pipeyard and equipment hauling to Elk Point, AB
Some good news for the Patch Earlier this month, TBar1 Transport Ltd. expanded it’s pipeyard and equipment hauling to Elk Point, AB. In TBar1’s continued commitment to our customers and industry we chose to step into growth in efforts to keep producer costs down and better serve its clients. The expansion includes an 8 Ton picker, 25 Ton picker, trailers, pipe yard, and provides an improved regional presence that better serves producers north of the river including Bonnyville, Elk Point, [Read more]
Canada weekly rig count remains at 244 from last week
Canada’s fleet of active drilling rigs remained at 244 since last week according to data from Baker Hughes. Total drilling count was 244 at January 24. 154 rigs were drilling for oil; 90 for natural gas. The drilling activity in Alberta rose from 170 to 171 since last week. Saskatchewan’s drilling shrank from 52 to 51 rigs. View a full breakdown of Western Canada’s rig activity. [Read more]
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