BOE Report Staff

Northern Hawk Energy's CEO Steve Spence announced in a LinkedIn post that Northern Hawk has acquired the Kerrobert Thermal Project. Northern Hawk is a privately held energy company focused on oil and gas development in Western Canada. The company is backed by ARC Financial. Back on December 20, Baytex announced that it had sold its Kerrobert Thermal Asset for $42 million. [Read more]

There is so much quality content being provided on X these days, and going forward, we want to provide our readers with a quick glimpse of some of it. This new article series, "By Our Readers, For Our Readers" will shine a light on some of those X posts. Sometimes it might be incredibly knowledgeable insight, perhaps an interesting chart, or sometimes maybe just a funny GIF or meme, this new feature should hopefully provide lots of additional information on Canadian oil gas for our readers that [Read more]

Oil prices soared Friday morning to new multi-month highs. The front month WTI oil contract was trading at $77.00/bbl early this morning, up almost 4% on the day. There appeared to be several catalysts behind the move, including fresh concern over potential new sanctions on Russia or maybe even Iran as well, which were cited in the Reuters comments below. In addition, inflation concerns appear to be picking up again as evidenced by the strong increase in bond yields over the last few months, [Read more]

A private, Canadian-owned energy company is actively seeking to acquire oil and gas properties in Western Canada. The company, which is expanding from its existing businesses into exploration and production, is governed by a Canadian board of directors. Assets under consideration Purchase price up to $10,000,000 CAD Oil/liquid weighted assets Operated assets Mature assets with relatively low declines Assets which have an appropriate active to inactive ratio The company is [Read more]

This announcement is to notify our partners that Unified Valve Group (UVG) are now the EXCLUSIVE representative of RTK Control Valves for the provinces of Alberta, Saskatchewan and British Columbia. RTK, The Control Valve Specialists: For 40 years RTK have been serving customers with high competence in all control technology applications.  Combining RTK with Unified Valve Group will ensure you will always be receiving comprehensive service and ensuring top-quality collaboration when [Read more]

January 7, 2025 (Calgary, Alberta) - “After reviewing the draft emissions cap regulations, it is CAPP’s view the federal government’s approach will directly limit Canada’s oil and natural gas production, significantly infringing on provincial jurisdiction. No government should pursue such value-destroying and patently unconstitutional legislation. This is a federal production cap under the guise of an emissions cap and well outside of federal jurisdiction. Canada is facing an affordability [Read more]