As the world attempts to shift to more sustainable sources of energy, lithium has become a very important commodity and it has rocketed to the forefront as the metal of choice in high capacity rechargeable batteries. One Alberta company is looking to position itself as a market leader in the production of the lithium on a global scale. E3 Metals Corp. (TSXV: ETMC) recently went public, giving investors access to this unique business opportunity. The company hopes to advance their projects [Read more]
Canada Weekly Rig Count Up 11 to 170
Western Canada’s fleet of drilling rigs have risen again this week to 170 actively drilling rigs according to data collected by Baker Hughes for the week of June 23. Drilling activity has increased the last month, and is still very active in comparison to last year’s count. From one week ago, Alberta rig counts rose from 88 to 94, Saskatchewan added rigs once more for the sixth straight week – current count at 48 which is up 43 from last week. Oil drilling rose to 98 rigs from 91; gas [Read more]
Birchcliff Energy CEO Jeffrey Tonken on consequences of Alberta NDP’s and Trudeau Liberals to energy sector
Birchcliff Energy CEO Jeffrey Tonken spoke with BNN to discuss the ramifications of the increasing levels of taxation towards the energy industry from both the federal and provincial governments. Mr. Tonken compared the difference on the regulatory environment in Canada vs. the United States and how much more welcoming the US government is towards such a vital industry. WATCH: CEO Jeffrey Tonken on consequences of AB NDP Govt & Trudeau Liberals kicking our energy sector while it's down [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. Jun. 20 Landman Surerus Murphy Kamloops Jun. 20 Pumping Services Operator STEP Energy Services Floresville Jun. 20 Coiled Tubing Operator STEP Energy Services Floresville Jun. 20 Pumping Services [Read more]
Enercore Energy Capital Delivers Fresh International Capital to the Canadian Junior Oil and Gas Market
Enercore Energy Capital Opens New Office in Calgary to Facilitate International Debt and Equity Capital Into the Canadian O&G Market Calgary, Alberta– (June 1, 2017) - Enercore Energy Capital, a boutique capital advisory firm, is pleased to announce the opening of a new office in Calgary, with the mandate of attracting international capital to the presently challenged junior oil and gas market in Canada. Perry M. Anderson, CEO and Managing Partner of Enercore Energy Capital, states [Read more]
E3 Metals Corp Signs Collaboration Agreement with the University of Alberta to Develop Technologies for Lithium Extraction
Vancouver, British Columbia - (June 19, 2017) – E3 METALS CORP. (TSX.V: ETMC.H) (the “Company” or “E3 Metals”) is pleased to announce that it has signed a collaboration agreement with the University of Alberta (the “U of A”) for the purpose of developing lithium extraction process technology. The goal of this collaboration is to develop a cost-effective technology to extract lithium from brines, specifically the lithium-enriched Petro-Brines present within the company’s permit areas. E3 Metals [Read more]
Business model has changed for Western Canadian junior oil and gas industry
The business model for junior oil and gas producers in western Canada has changed dramatically over the last 10 years, with the loss of the royalty trust model the junior industry no longer has a willing buyer ready to snap them up the minute they reach a certain size or discover a promising field where production could be easily ramped up with a large development drilling program. Junior E&P companies were forced to change their models with some companies focusing more on long term growth [Read more]
Canada Weekly Rig Count Up 20% to 159
Western Canada’s fleet of drilling rigs have risen again this week to 159 actively drilling rigs according to data collected by Baker Hughes for the week of June 16. Drilling activity has increased the last month, and is still very active in comparison to last year’s count. From one week ago, Alberta rig counts rose from 78 to 88, Saskatchewan added rigs once more for the fifth straight week – current count at 43 which is up 30 from last week. Oil drilling rose to 91 rigs from 74; gas [Read more]
Eagle Energy Inc.: Institutional Shareholder Services Confirms the Need for Change
Calgary, Alberta--(Newsfile Corp. - June 15, 2017) - Daniel Gundersen and Kingsway Financial Services Inc. (together, the "Concerned Shareholders") of Eagle Energy Inc. (TSX: EGL) reacted positively to the Institutional Shareholder Services Inc. ("ISS") research report (the "Report") that was released yesterday. ISS is a leading proxy advisory firm and their independent analyses are relied upon by many institutional investment firms, mutual funds, and other fiduciaries. ISS confirmed the [Read more]
Canadian Discovery Provides Independent Analysis of Geology, Hydrodynamics, Temperature, Fluids, Completions Technology, Productivity and Economics for the Duvernay East Shale Basin Play
The East Shale Basin is HOT! Recent drilling activity, improving results and skyrocketing land prices of up to $5,000/ha are focussing attention on this emerging light oil play. With a number of important land sales and disposition packages on the horizon, parties interested in evaluating these opportunities will want to get up the learning curve fast. Canadian Discovery is leveraging its extensive knowledge and expertise on the Duvernay to provide ready-to-use insights on the East Shale Basin [Read more]
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