BOE Report Staff

CALGARY – With both depressed commodity prices and juggernaut competition from Permian producers continuing to impact the western Canadian oil and gas industry, the push is on to adopt innovation and cutting-edge technology to find new ways to lower costs and compete for investment dollars. One of the largest costs to producers centers on infrastructure development projects, a large portion of which is earthworks construction in particular. Innovation in civil construction technology is proving [Read more]

Canada’s fleet of active drilling rigs decreased from 140 to 134 since last week according to data from Baker Hughes. Total drilling count was 134 at November 15. 88 rigs were drilling for oil; 46 for natural gas. The drilling activity in Alberta decreased, lowering from 96 to 90. Saskatchewan’s drilling stagnated, remaining at 31. View a full breakdown of Western Canada’s rig activity. [Read more]

Company Attributes 432% Growth to the Energy Industry’s Digital Transformation Calgary, AB, November 7th 2019 — Aucerna (www.aucerna.com) today announced it ranked 254th  on Deloitte’s Technology Fast 500™ and 4th on Deloitte’s Enterprise Fast 15™. The Technology Fast 500 is a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. Aucerna grew 432% during this period. Aucerna co-founder and CEO, Wayne Sim, [Read more]

HALIFAX, Nova Scotia, November 12, 2019 (TSX - CDH): Corridor Resources Inc. (“Corridor”) announced today its third quarter financial results. The following table provides a summary of Corridor’s financial and operating results for the three and nine months ended September 30, 2019, with comparisons to the three and nine months ended September 30, 2018. Corridor's unaudited financial statements and management's discussion and analysis for the third quarter have been filed on SEDAR at [Read more]

Sherwood Park, Alberta, November 12th, 2019 (TSXV:VTX) - Vertex Resource Group Ltd. (“Vertex” or the “Company”) reports its financial and operational results for the three and nine months ending September 30, 2019, with comparisons to the same periods in 2018. The following operational and financial highlights should be read in conjunction with the Management Discussion and Analysis (“MD&A”) and the interim consolidated financial statements and notes thereon of Vertex for the three and nine [Read more]