Canadian rig activity continues to trend upwards, although today's count is below the month's peak of 170 active rigs on June 13. As of this morning, there were 168 active rigs in Canada. This represents a 5.7% increase over last week and a 12.0% increase over the week prior. Alberta added 7 rigs this past week, while Saskatchewan added 2. In some encouraging news, BC's rig count grew for the first time in 2 weeks, reaching 19 active rigs as of today. The number of active oil rigs [Read more]
F&M Bank Fee Title Mines and Minerals Sale – South-Central Saskatchewan
Farmers and Merchants Bank & Trust (“Farmers and Merchants” or the “F&M Bank”) has engaged Aim Land Services Ltd. Mineral Land Advisors to assist the F&M Bank with the sale of certain Fee Title Mines and Minerals interests located in South-Central Saskatchewan. The properties are specific to the Abbott area of Saskatchewan (the “Property”). The Property is located West of the Weyburn Unit, operated by Whitecap Resources Inc. The Mines and Minerals Interests are more [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. 19 Commercial Deal Lead, LNG PetroChina Canada Calgary Jun. 19 Oil & Gas Field Operator (14/14 camp) Roska DBO Fort St. John Jun. 19 Field [Read more]
Unified Valve Group Now the Exclusive Representative of Continental Disc, GROTH and LaMot products.
This announcement is to notify our mutual customers that Unified Valve Group (UVG) is now the EXCLUSIVE representative of Continental Disc Corporation, GROTH Corporation, and LaMot Valve Flame Arrestor for the provinces of Alberta, Saskatchewan, and British Columbia. UVG Engineers and Technicians have been trained and certified at the Continental Disc Corporation, GROTH Corporation, and LaMot Valve Flame Arrestor factories in the USA. UVG have made a strong commitment to take on the [Read more]
Westgen Technologies Inc. is Evolving into Convrg Innovations, Catalyzing the Energy Evolution in the Oil and Gas Industry
Westgen Technologies Inc. is embarking on a transformative journey as it evolves into Convrg Innovations (Convrg) on September 7th, 2023. This milestone represents our unwavering dedication to catalyzing the energy evolution within the oil and gas industry, marking a significant stride forward in our commitment to sustainable innovation. Westgen Technologies, has been dedicated to addressing energy security and climate change challenges since its inception. With a vision to foster [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 Lucero Energy LOU.V 13.33% Pieridae [Read more]
Canadian Rig Count Summary – Activity settles higher week-on-week after June 14 spike
Canadian rig activity has increased for a third consecutive week, reaching 158 active rigs on June 16 compared to 153 on June 9. This represents a decline from earlier in the week, however, as there were 165 active rigs on June 14. Despite this late week dip, the overall upward trend in rig activity appears to be continuing, particularly in Alberta where 5 rigs were added this week. Saskatchewan added an additional 4 rigs, while BC's rig count declined by 1 for the second week in a [Read more]
20 Days ‘Til The Calgary Stampede – New $100 Per Person Corporate Packages Just Released!
The Bootleggin’ Breakfasts are Corporate Calgary’s Largest Stampede Parties Corporate Calgary’s Executive Stampede Parties The One & Only…BOOTLEGGIN’ BREAKFAST Networking & Hosting Clients couldn’t be more fun at the most prestigious venues in downtown Calgary! (Tuesday, July 11, 2023 @ Westin Calgary) (Thursday, July 13, 2023 @ Fairmont Palliser) TUESDAY BREAKFAST: Westin Calgary breakfast (Over 60 years of Stampede Tradition) and the largest Corporate Stampede Party [Read more]
Asset Sale – Prairie Provident Resources – North Provost
Prairie Provident Resources (“PPR”) has retained Energy Advisors Group to assist in the monetization of some non-core Central Alberta shallow oil assets. The North Provost package is operated by PPR and consists of ~2,825 net acres, 77 total wells (14 producers, 4 water injectors, 20 inactive, and 35 abandoned) and 12 identified reactivations/recompletions, which can be completed within cash flow. This is a low risk, operated asset with Q1 2023 sales ~85 bbl/d, delivering ~$33,000/Mn NOI [Read more]
Criterium Energy Announces Transformative Acquisition of Mont D’Or Petroleum Ltd. and C$22 Million Public Offering
Criterium Energy Ltd. (“Criterium” or the “Company”) (TSXV: CEQ), an independent upstream energy development and production company focused in Southeast Asia, is pleased to announce that it has executed a sale and purchase agreement (“SPA”) on June 14, 2023 to acquire all the issued and outstanding shares of Mont D’Or Petroleum Limited (“MOPL”) (the “Acquisition”). MOPL holds 100% operating working interests in two Production Sharing Contracts (“PSC”) in Indonesia, the Tungkal PSC located [Read more]
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