BOE Report

BOE Report Staff

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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 Pieridae Energy PEA.TO 30.56% Advantage [Read more]

Canadian Rig Count Summary – Active rig count increases to 226

Canada’s active rig count came in at 226 this morning, an increase of 16 rigs compared to January 5. This is in line with rig activity a year ago (230 rigs on January 12, 2023). Alberta’s active rig count increased to 159 from 152, while Saskatchewan’s rig count increased to 36. BC’s active rig count held steady at 23 rigs. With respect to target commodities, the number of oil rigs increased by 14 between January 5 to January 12. The number of gas rigs held steady at 75 rigs. The number [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 Jan. 9 Field Operator with Compressor Station Experience Roska DBO Fort St. John Jan. 9 Laboratory Field Sampling Technician Roska DBO Ft.McMurray Jan. [Read more]

GLJ January Pricing Blog – US Oil Production Still Strong as Financial Markets Surge

Overview Surprisingly to many analysts, including this one, US production has continued to grow despite land restrictions from the US federal government, moderate capital restraint and the reported arrival of Tier 2 development locations as the marginal barrel in the Permian. US crude production hit a record high while OPEC reports planned cuts to production. In the short-term, the oil market seems well supplied. Otherwise, sentiment in general economic indicators seems to have shifted. [Read more]

Barrel Oil Corp: Property Divestiture

Barrel Oil Corp (“Barrel” or the “Company”) has engaged Sayer Energy Advisors to assist it with the sale of its oil and natural gas interests located in the Coyote area of Alberta (the “Property”). At Coyote, Barrel holds primarily a 100% working interest in 18.75 sections of land. Production from Coyote is primarily from the Mannville Group. Average daily sales production net to Barrel from Coyote for the third quarter of 2023 was approximately 126 boe/d, consisting of 73 bbl/d of oil [Read more]

FTI Consulting Canada Inc. Receivership SISP for Wolverine Group

NOTICE OF SALES AND INVESTMENT SOLICITATION PROCESS in the Receivership Proceedings of Wolverine Energy and Infrastructure Inc., Wolverine Equipment Inc., Wolverine Construction Inc., HD Energy Rentals Ltd., BHW Employment Services Inc., Flo-Back Equipment Inc., Liberty Energy Services Ltd. and Western Canadian Mulching Ltd. (collectively, the “Wolverine Group”) NOTICE IS HEREBY GIVEN that on December 8, 2023, FTI Consulting Canada Inc. was appointed receiver and manager (the “Receiver”) of [Read more]

BOE Report Year in Review – A recap of the biggest themes and articles in 2023

Even in an industry where nothing ever stays the same for long, 2023 was a year filled with surprises. From commodity price volatility to inflation, OPEC+ drama to insecurity in the Red Sea, there were many global trends that kept industry observers enthralled this past year. On the Canadian side, we had political duels over carbon taxes and roadblocks in the finalization of the Trans Mountain pipeline expansion among other big stories. Many of these themes will carry over into the new year, so [Read more]