BOE Report

BOE Report Staff

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Amherst Energy Plans First Well In Alberta

CALGARY, Alberta, February 27, 2019 – Amherst Energy Inc. (“Amherst”) Amherst today reported that it has been issued a well license for the Amherst HZ Morgan 13-8-52-3W4 horizonal heavy oil well. Amherst is currently building a drilling pad and plans to commence drilling by March 15, 2019. The well is located at the east end of the Morgan Lloydminster heavy oil pool. It is also situated immediately adjacent to a pad on which seven heavy oil wells were drilled late 2017. These wells [Read more]

Develop Your Financial Model – And A Strategic Advantage

When key business decisions need to be made in short time frames amid a backdrop of market volatility, a robust financial model remains one of the top tools in your company’s arsenal to evaluate the consequences of your strategy. Bank of Canada Governor Stephen Poloz has cautioned Canadians to be prepared for economic volatility (although he has stated to national media that he is not expecting a recession in 2019). Recent historic actions by Alberta’s provincial government to raise oil [Read more]

A Crisis for Future Canadian Resource Development: Bill C-69

Global News reported on Friday, February 22 the National Energy Board Canada concluded that the Trans Mountain Expansion Project is in the Canadian public interest and has recommended that the project be approved. This project, which would triple the capacity of the existing pipeline between Edmonton and Burnaby B.C. has been in limbo while the federal government attempts to fulfill the Supreme Court’s requirements.  The decision starts the clock on a 90-day deadline for cabinet to decide [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 Feb. 25 Administration Support Roska DBO Grande Prairie Feb. 25 Pipeline In-Line Inspection Tool Field Supervisor Imperial Oil Edmonton Feb. 25 Pipeline [Read more]

Lethbridge Block Light Oil Exploration Opportunity

PrairieSky has over 35 Townships of Fee land over the Lethbridge Block in Southern Alberta prospective for light oil and gas exploration and development. Large, contiguous land positions with extensive seismic coverage are available as the area remains under explored, with over 150 potential unrisked locations identified. A two-page overview highlighting the prospects, landbase and available seismic can be downloaded from PrairieSky’s website at PSK Lethbridge Opportunity. For additional [Read more]

Sharpen Your Skills, Expand Your Opportunities

Energy training designed for professionals Register today for courses designed specifically for energy professionals.  Led by qualified instructors with extensive hands-on industry experience, these courses are designed to enhance your skills, meet corporate and individual personal development requirements, and help your organization adapt to a dynamic and challenging oil and gas industry. Introduction to Oil and Gas Presents the fundamental technical and business concepts of the oil [Read more]

With politics at play, CAODC remains hopeful but not optimistic Trans Mountain Expansion Project (TMX) will proceed.

Today, the National Energy Board announced that the Trans Mountain Expansion Project is in the national interest and should be approved for construction. While the announcement is positive, CAODC is not optimistic it is meaningful, due to the project’s history of delays and the politicized nature of the federal approval process. “What we heard today—that the TMX should be built and is in Canada’s national interest—is exactly what we heard when the federal government purchased the project in [Read more]

Canada Weekly Rig Count Down 12 to 212

Western Canada’s fleet of drilling rigs decreased by 12 rigs to a total of 224 according to data collected by Baker Hughes for the week of February 22nd. From last Friday, Alberta rig counts went from 153 to 144. Saskatchewan's rig count remained at 53. Oil drilling went from 152 to 144; natural gas rigs went from 72 to 68. View a full breakdown of western Canada’s rig activity. [Read more]

AER Notice: Proceeding ID 377, Encana Corporation, 30 kilometres northwest of Grande Prairie

This notice provides a summary only. For more details, see the notice of hearing for this proceeding at www.aer.ca under Regulating Development > Notices > Hearing Notices. A hearing will be scheduled to consider: Application 1911974 filed by Encana Corporation (Encana) for approval for acid gas disposal in the Belloy aquifer about 30 kilometres northwest of Grande Prairie. See map for more details. Information about the hearing: For a copy of the hearing materials, including [Read more]