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Private company enters into agreement to purchase Twin Butte Energy

FTI Consulting, the receiver that is currently operating Twin Butte Energy announced a private company named Henenghaixin Operating Corp, has entered into a purchase and sale agreement to acquire Twin Butte. Recent court records on FTI Consulting's website show the receiver is recommending the sale of Twin Butte to the private company on January 18 at 2:00pm appearing before The Honourable Madame Justice G. Campbell. Twin Butte ran into financial troubles when its creditors placed the [Read more]

Heritage Royalty: Palliser South Ellerslie Prospects

Heritage Royalty is marketing fee simple mineral rights for Farmout/Lease under three Ellerslie formation prospects in Palliser South. The prospects identify horizontal development opportunities in the Ellerslie formation by using production analogs. Highlights Prospect Area #1 Prospect Area #2 Prospect Area #3 T17 R13 W4M: 4 & 5 T17 R12 W4M: E13, E24 & E25 T14 R13 W4M: 8-10 & 14-17 T16 R13 W4M: 29-33 T17 R11 W4M: W18, W19, 21 & 29 PNG in [Read more]

Sproule Academy Continuing Education – Know Your Economics: Gauging the value of Oil and Gas Investments with Economic and Financial Models

When considering new investment opportunities to create value for your organization, understanding the use and application of Economic and Financial Modeling tools is critical for successful project decision making. Designed for a wide range of individuals at different levels of seniority,  including  analysts, business and technical managers, executives and board members, this hands-on 3 day course is intended to develop a greater understanding of building comprehensive, strategic Reserve [Read more]

Gas Fired Equipment – Much to do about LEMS?

Happy New Year Oil and Gas Companies in Alberta!  When the clock struck midnight and 2017 was thrust upon us…after all the premature celebration out East…those of you with gas fired equipment may have missed a subtle reminder hidden in all those fireworks.  And admittedly, it was easy to miss, given all the attention generated by the Alberta Carbon Tax, a certain election result down south, and of course the persistence of low oil. Nevertheless, the Alberta Government’s direction and [Read more]

Watch: Fort McMurray resident confronts Jane Fonda

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Jane Fonda today used vivid words to describe her experience of viewing the oilsands while doing a flyover in a helicopter. "It's like someone took my skin and peeled it off my body over a very large surface," Ms. Fonda said after lunching with members of the Fort McMurray First Nation. "It made my body ache to watch it." And just as she uttered those words, she was confronted by a lady, presumably a local from Fort McMurray, questioning Ms. Fonda's motives and understanding of what Fort [Read more]

geoLOGIC Releases LMR and Volumetrics Modules and Eastern Canada Data

geoLOGIC systems ltd. – JAN. 10, 2017, 7:00 A.M. ‘LMR and Volumetrics’ easy to use, yet handle sophisticated calculations for you. ‘geoLOGIC Data Center’ with central and eastern data—a truly national data solution. Join us in January for an informative session on leveraging your A&D decisions with geoLOGIC’s products. Refreshments will be provided. LMR LMR is the solution for making well-informed acquisitions and divestitures. Create scenarios to forecast your LMR and develop [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 here to create an account to post jobs; it's simple and easy to use. Jan. 9 Small Battery / Field Operator - La Glace, Alberta Roska DBO La Glace Jan. 7 Electronics Technician (Coiled Tubing) - Floresville, TX STEP Energy Services Floresville Jan. 7 Maintenance Technician [Read more]

Heritage Royalty: Palliser South Ellerslie Prospects

Heritage Royalty is marketing fee simple mineral rights for Farmout/Lease under three Ellerslie formation prospects in Palliser South. The prospects identify horizontal development opportunities in the Ellerslie formation by using production analogs. Highlights Prospect Area #1 Prospect Area #2 Prospect Area #3 T17 R13 W4M: 4 & 5 T17 R12 W4M: E13, E24 & E25 T14 R13 W4M: 8-10 & 14-17 T16 R13 W4M: 29-33 T17 R11 W4M: W18, W19, 21 & 29 PNG in [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 here to create an account to post jobs; it's simple and easy to use. Jan. 4 Account Manger CWD Inc. Calgary Jan. 4 Sales Representative Trinity Platinum Energy Services Calgary Jan. 3 Negotiating Landman Canadian Natural Resources Calgary Jan. 3 Production Engineer [Read more]

geoLOGIC systems ltd. Announces Purchase of Well Completions & Frac Database from Canadian Discovery Ltd.

CALGARY, December 23rd, 2016 – geoLOGIC systems ltd. (geoLOGIC) today announced that it has purchased Canadian Discovery Ltd.’s (CDL) Well Completions & Frac Database and related products, including its Direct Data Access add-on module and the Drilling Database. This acquisition includes the products and the team behind them, so clients using Canadian Discovery’s Well Completions & Frac Database will continue to receive the same high-quality data and service they have come to [Read more]