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OptaSense Announces New Office Locations to Support Growing Business in Canada

February 12, 20205:20 AM BOE Report Staff

CALGARY - OptaSense, a QinetiQ company, a world leader in fiber-optic-based acoustic sensing, recently announced that it has expanded its Canadian presence in order to better serve its growing business in the country. The company, which provides industry leading monitoring services in the upstream and midstream oil and gas businesses, recently moved its location in Calgary, Alberta.  The new facility is located at 999 57th Ave NE, next to Calgary International Airport and AB Highway 2. The [Read more]

Is now the time to renounce your US citizenship?

February 12, 20204:15 AM BOE Report Staff

The United States is one of the only countries in the world to tax based on citizenship, which means if you’re a US citizen living outside the United States, you still have yearly IRS tax filing obligations. These tax filing obligations can be an expensive annual hassle (even if you owe no tax) and may even result in double taxation. Fortunately, properly renouncing your US citizenship can provide a way out. Our free seminar covers the following topics of interest: Why do people renounce [Read more]

Athabasca Minerals Inc. Announces Strategic In-Basin Sand Supply Offtake Agreement with Shell Canada Energy and Launch of a Strategic Review

February 11, 20204:49 PM BOE Report Staff

CALGARY, February 11, 2020 – Athabasca Minerals Inc. (“AMI” or the “Corporation”) (TSX-V: AMI) is pleased to announce that AMI Silica Inc. (“AMI Silica”), a wholly-owned subsidiary of AMI, has secured an anchor offtake agreement (the “Agreement”) with Shell Canada Energy (“Shell”) for its Duvernay Frac Sand Project (the “Duvernay Project”). AMI believes that the Agreement will serve as a catalyst to AMI’s growth program to supply local premium domestic in-basin sand to offset US imports. The [Read more]

Duvernay Montney Shell

New Oil and Gas Jobs From BOE Report Jobs

February 11, 20204:20 PM BOE Report Staff

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 Feb. 11 Heavy Duty Mechanic Heavy Iron Inc Calgary Feb. 11 Vice President, Business Development Johnstone Ritchie Executive Search Calgary Feb. 10 Specialist, [Read more]

AltaGas ARC Resources TC Energy Velvet Energy

Quorum Software presents the 2020 CAPL/CAPLA Spring Networking event featuring speaker hockey legend Lanny McDonald! Register today

February 11, 20205:43 AM BOE Report Staff

CAPL/CAPLA Spring Networking Presented by Quorum Thursday, March 5, 2020 Time: 16:30 – 21:00 Location: The Metropolitan on Stephen Ave, 317 7th Ave SW   Join us for the CAPL/CAPLA Spring Networking event and hear from local hockey legend, Lanny McDonald. Tickets: $50 members/ $100 non-members *include 2 drink tickets and food Space is limited, register today: https://landman.ca/event/2152 Schedule: 4:30 – 5:30 pm Registration & Networking 5:30 – 6:00 pm [Read more]

Vortex Production Services Is Altronic’s New Canadian Distributor

February 10, 20205:57 AM BOE Report Staff

Vortex Production Services Ltd. is excited to announce that it has signed a Canadian Distributorship Agreement with Altronic LLC effective February 3, 2020.  Altronic has long been regarded as a world leading manufacturer of ignition and control systems for industrial engines. These products represent the industry standard for quality and are designed to improve engine performance and enhance reliability. Many components also improve operating efficiency, helping to reduce emissions, which [Read more]

OSY Rentals Seeking Surplus Flare Stacks

February 10, 20205:50 AM BOE Report Staff

OSY Rentals logo

Western Canada based OSY Rentals is seeking surplus production equipment to purchase. The company is currently seeking new or used: Flare stacks Vapour tight tanks Knockouts Separators Please contact dallas@osyrentals.com or greg@osyrentals.com OSY Rentals is an oilfield rental and sales company specializing in Vapour Tight Tank Packages, flares, knockouts and separators. Currently expanding our operations, we’re focused on providing the western Canadian oil and gas [Read more]

Kenney criticizes Democratic hopefuls aiming to block Keystone XL pipeline

February 8, 202011:34 AM BOE Report Staff

Alberta Premier Jason Kenney

Alberta's Jason Kenney is the latest Canadian premier to take aim at U.S. Democrats, calling out presidential hopefuls who want to block the Keystone XL pipeline expansion. Kenney, speaking at a news conference at the Canadian Embassy in Washington alongside four of his provincial counterparts, wondered aloud — without being asked — why a party that claims to be best friends with Canada would want to undermine one of its most important industries. Massachusetts Sen. Elizabeth Warren and [Read more]

Keystone XL

Canada weekly rig count up 10 to 257

February 7, 20201:54 PM BOE Report Staff

Alberta oil well in canola field

Canada’s fleet of active drilling rigs grew from 247 to 257 since last week according to data from Baker Hughes. Total drilling count was 257 at February 7. 167 rigs were drilling for oil; 90 for natural gas. The drilling activity in Alberta decreased from 171 to 167 since last week.  Saskatchewan’s drilling grew from 53 to 67 rigs. View a full breakdown of Western Canada’s rig activity. [Read more]

What You Need to Know Before Moving Operations to the U.S.

February 7, 20205:32 AM BOE Report Staff

With the dynamic Canadian market forcing oil and gas companies to explore new avenues, many see a bright future in the United States. It’s a sound strategy, but without the proper planning, that optimism can quickly fade. Jim McEvoy, a Partner with MNP’s U.S. Tax Services team, works with companies to help them transition operations to the States and sees the issues firsthand. In his experience, the key pitfalls are company structuring, understanding sales tax and managing employee [Read more]

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