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BOE Report Staff

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$75 million cash sale of Blackspur Oil Corp. – binding agreement

On January 5, Australian Securities Exchange-listed energy company Calima Energy Limited announced the sale of its wholly-owned Canadian subsidiary, Blackspur Oil Corp. The sale agreement, which would see Blackspur Oil acquired by Astara Energy Corp, is for cash proceeds of $75 million before customary adjustments at completion for net debt. Access the company's full press release HERE. [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. 2 Oil & Gas Field Operator (14/14 camp) Roska DBO Fort St. John Jan. 2 Warehouse Coordinator Roska DBO Grande Prairie [Read more]

Canadian Rig Count Summary: 2nd Christmas Break Edition – Active rig count decreases to 93

Canada’s active rig count came in at 93 this morning, a decrease of 4 rigs compared to December 22. This follows a larger drop last week, although we fully expect rig activity to increase rapidly in the new year. Alberta’s active rig count held steady at 70, while Saskatchewan’s rig count dropped by 3. BC’s active rig count settled at 21 compared to 22 earlier in the week. With respect to target commodities, the number of oil rigs decreased by 10 between December 22 and December 29. The [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 Athabasca Oil ATH.TO 8.29% Journey Energy JOY.TO 6.23% Crew [Read more]

Canadian Rig Count Summary: Christmas Break Edition – Active rig count decreases to 106

Canada’s active rig count came in at 106 this morning, a decrease of 52 rigs compared to December 15. This is a large drop, but entirely expected in the lead-up to Christmas. Alberta’s active rig count declined from 110 to 77, while Saskatchewan’s rig count decreased to 6. BC’s active rig count settled at 23 compared to 26 earlier in the week. With respect to target commodities, the number of oil rigs decreased by 41 between December 15 and December 22. The number of gas rigs decreased by [Read more]

Canada Energy Regulator announces new CEO

On December 20, the Canada Energy Regulator announced that Tracy Sletto had been appointed to the role of CEO of the Canada Energy Regulator. A link to the official release is here. The full statement is below: New Chief Executive Officer (CEO) Announced December 20, 2023 On behalf of the Board of Directors, I am pleased to announce that Tracy Sletto has been appointed to the role of Chief Executive Officer (CEO) of the Canada Energy Regulator (CER). Tracy Sletto, who has acted as [Read more]

Tapping into opportunity: Unlocking the potential of Mannville Oil in the Lloydminster and Cold Lake areas – Part 1

In recent years, the conventional Mannville oil play around Lloydminster and Cold Lake has witnessed a surge in activity and production. Termed an “emerging hot spot” for Canadian drillers by Bloomberg [1], the play is cheap to develop with low associated GHG emissions. GLJ has a long history evaluating Mannville oil in Alberta and Saskatchewan and is seeing a notable resurgence of development with many years of sustainable growth planned. Over 1,000 horizontal wells have been drilled in this [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 Dec. 18 Field Operator Astara Energy Corp. Consort Dec. 15 Coordinator, Site HSE Strike Group Fort Saskatchewan Dec. 13 Field Lead Operator, Contract Surge [Read more]

Maximizing ROI in Energy Lifecycle Software: A Guide to RES

In the ever-evolving energy industry, technological advancements are continuously reshaping the way drilling and completions operations are managed. The use of reliable Energy Lifecycle Software has become increasingly prevalent, promising efficiency improvements, cost savings, and enhanced decision-making capabilities. Robustly developed software, deeply rooted in a comprehensive understanding of this industry's critical requirements garnered through years of experience, will steer the company [Read more]

Oil and Gas Industry’s FIRST Purpose Built Digital Stamp Solution!

We have heard from hundreds of Oil and and Gas companies with similar problems over the last 7 years.  We have listed some of the challenges that we have heard about, and have created an App to specifically address these challenges and best of all… the App and Service is TOTALLY FREE! (no catches or fine print). We have called our App “O&G E-Stamp and Signature“ Scenarios for Suppliers  Scenario 1 You are out in the Field or in the Office, and you need a paper ticket or invoice [Read more]