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🔥One Month To The Largest Corporate Stampede Party!🔥

🍺🥞TUESDAY BREAKFAST on July 9, 2024. Legendary WESTIN CALGARY breakfast (Over 60 years of Stampede Breakfast Tradition). LARGEST Corporate Stampede Party   🛑PACKAGES & PRICING 👍BUDGET FRIENDLY HOSTING OPTIONS (Packages Below Include Admission To Event, Breakfast, Hosting Tables, Concert & Entry To The After Party) 🔺NEW $2375 Half Company Corral for 25 Guests (Drink Tickets Extra) 🔺NEW $4450 Company Corral for 50 Guests (Drink Tickets Extra) 🔺NEW $13,350 [Read more]

Paragon Energy Ltd. a Startup Focused on Light Oil Corridor in Alberta Banff & Detrital Development, 2 hours drive NE of Calgary

Paragon Energy Ltd. is a private start-up with an experienced team and a prospective, contiguous 6-Section of oil & gas rights in an oil-bearing Banff/Manville corridor in Alberta. Sweet light oil (32 API) is produced in parallel NE-SW trends to the east of company lands in TWP 31-18W4. The 5-year development plan takes it from 0 to 1000 BOEPD. Paragon is taking a fresh approach to brownfield development in Michichi by 3D geo-modelling the entire area before land acquisition. A good deal [Read more]

Lacombe Property Divestiture – Property Listing

The company (“Rally”) holds 100% working interest in Bashaw Oil Field located in Lacombe, Alberta. Bashaw has two unit-pools, Bashaw NISKU G (AB00960696007) and L (AB00960696012), with daily production of 300bbl light oil (L-pool: API 40 and G-pool: API 38) from NISKU formation and annual net operation income of $3 million. To improve oil recovery and dispose sour solution gas, Rally have constructed a water-gas flood project, including building main gas pipelines from battery to well [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 Jun. 4 Night Shift Plant Operator (14/14, camp) Roska DBO Fort St John Jun. 4 Turnaround Planner Roska DBO Fort St John Jun. 3 Picker Truck Operator Strike [Read more]

Discover How Chord Energy Automates Optimization of 2,500 Rod Lift Wells in the Bakken

Rod lift wells have long been the backbone of upstream oil producers. However, traditional rod lift optimization methods are struggling to keep pace with today's evolving industry landscape. With an ever-growing number of wells and the widespread use of SCADA systems, operations teams face an overflow of data, manual processes, and limited time for effective well optimization. In response to these challenges, companies like Chord Energy are embracing innovative solutions like Ambyint to [Read more]

Week in Review – Stock gainers/fallers and most read articles

Welcome to the BOE Report’s Week in Review! Did you miss something this week? We’ve got you covered. Check out any BOE Intel articles that you missed, and catch up on our most read articles from the week. We have also included the top gainers and fallers in the energy markets this week among our BOE Intel coverage list. TOP 5 GAINERS/FALLERS THIS WEEK Top 5 Gainers Company Ticker 7 Day Return Tamarack Valley TVE.TO 8.47% Obsidian [Read more]

Canadian Rig Count Summary – Active rig count drops to 116

Canada’s active rig count came in at 116 this morning, one rig fewer than last Friday. Albertan rig activity fell to 78, a decrease of 6 rigs compared to last week. Saskatchewan’s rig count held steady at 12, while BC’s active rig count increased to 21. If trends from prior years hold, we would expect to see a ramp up in activity next month. With respect to target commodities, the number of oil rigs decreased from 65 to 62 between May 24 and May 31. In contrast, the number of gas rigs [Read more]

Asset Sale – Milo, AB – LMR = 2.5, Cash Flow with HZ Upside

Bighorn Energy Corporation has retained Energy Advisors Group to facilitate the sale of its operated 100% WI non-core central Alberta asset near TWP 19 RGE 23 W4M. The package is comprised of 3.5 net sections of crown and freehold mineral leases and 5 producing oil wells. The package has an average annual net cash flow from operations over the past four years of $375,000 and a PDP reserve valuation of $1 million. Facilities include the Bighorn oil battery with gas conservation which is [Read more]

CCAA Sale Process: KSV Restructuring Inc. – AlphaBow Energy Ltd.

On April 26, 2024, the Court of King’s Bench of Alberta granted an order pursuant to the Companies’ Creditors Arrangement Act, (“CCAA”) appointing KSV Restructuring Inc. (“KSV”) as the monitor (the “Monitor”) of AlphaBow Energy Ltd. (“AlphaBow” or the “Company”). As part of the CCAA, the Company has engaged Sayer Energy Advisors to assist it with a Sales and Investment Solicitation Process (the “SISP”). The SISP is intended to solicit interest in, and opportunities for a sale of, or [Read more]

Navigating Methane Reduction Regulations from Oil and Gas Operations

Canada leads the world with commitments to methane reduction, focusing on federal regulations to reduce the emissions from oil and gas operations. Considering Canada's advanced industry for developing clean energy, the country leads on many metrics related to methane intensity and still has some of the most ambitious goals. Even for the oil and gas industry, which can responsively deploy capital, the challenge many operators face relates to the pace at which the regulations are changing [Read more]