Stacked Plays: Banff, Detrital, Crinoidal Banff and Basal Quartz Single and Multi-lateral Development Potential Near Drumheller/Delia, Alberta Paragon Energy Ltd. is a private start-up with an experienced team and a prospective, contiguous 6-Section of oil & gas rights in the oil-bearing Banff/Detrital/BQ intervals in Alberta. Paragon operates and has recently started producing 33 API Sweet Light Oil from a re-entry/recompletion for the well 14-34-31-18W4/2 from commingled [Read more]
Surface Solutions Inc.(SSi) adds VentMEDIC dMRV systems to its Western Canada fleet, opening state-of-the-art methane measurement to any operator.
For decades, the standard way to check methane emissions at a wellhead in Western Canada has been the same: a technician on-site with a bubble kit or a handheld gas detector, flagging whether gas is escaping. Simple, cheap, and as regulators, investors, and carbon-market participants have increasingly pointed out, nowhere near good enough for what the industry needs to prove today. The gap is accuracy and quantification. Bubble tests can tell you methane is present. They can't tell you how [Read more]
Hydro Vault Energy Inc.: Corporate Divestiture
Hydro Vault Energy Inc. (“Hydro Vault” or the “Company”) has engaged Sayer Energy Advisors to assist it with the sale of the shares of the Company. Hydro Vault is a junior oil and natural gas company with oil and natural gas interests located in the Greater Golden Spike area of Alberta (the “Property”). In the Greater Golden Spike area, Hydro Vault holds various working interests in approximately 9 sections of land at Golden Spike and Telfordville, on which there are oil and natural gas [Read more]
Treeline Well Services Expands into Australia with 10-Year Contract to Supply Origin Energy’s APLNG Project
FOR IMMEDIATE RELEASE Five high-spec service rigs to be designed and built in Queensland, backing local manufacturing, jobs, and a long-term Australian presence CALGARY, Alberta — August 19, 2026 — Treeline Well Services is proud to announce its expansion into Australia, anchored by a 10-year contract to deliver five high-spec service rig packages for Origin Energy, operator of the upstream gas fields for the Australia Pacific LNG (APLNG) project. Treeline's entry into the market is a [Read more]
7 New Listings on PNG Exchange
Teine Energy Ltd. PROVOST - Dina Opportunity Aldon Oils Ltd. CAYUGA - Alida Opportunity WILMAR/BROWNING - Frobisher Opportunity Lynx Energy ULC BINDLOSS DISPOSITION - Mannville Opportunity Rubellite Energy Ltd. UKALTA - Clearwater Opportunity ASPEN - Clearwater Opportunity Baccalieu Energy Inc. SYLVAN Lake - Duvernay Opportunity PNG Exchange PNG Exchange is the energy industry’s central hub for acquiring and divesting properties, assets and [Read more]
Teeing Up Impact: Alberta Energy Leaders Invited to the 3rd Annual GDM Golf Charity Classic
In Alberta’s oil and gas sector, community impact has always gone hand-in-hand with operational excellence. Whether supporting local economies, driving innovation, or giving back to the communities where we work, the industry has a long-standing commitment to making a difference. This September, there’s another opportunity to do just that while enjoying a late summer day on the course with peers and partners! The 3rd Annual GDM Golf Charity Classic returns on September 2, 2026, at the [Read more]
ZenaTech Closes 25th Acquisition with Alberta, Canada-based Velocity Geomatics Inc., Expanding Drone as a Service into Environmental and Regulatory Services in the Oil and Gas Sector
Drone as a Service enters into a global oil and gas drone inspection services market growing at 28% per year as Company achieves stated interim goal from January 2025 Vancouver, British Columbia, (July 16th, 2026) -- ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) ("ZenaTech"), a technology solution provider specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, announces that it has completed the acquisition of [Read more]
Oil & Gas Production & Joint Venture Accounting: Why Accuracy Protects Value
In Western Canada’s oil and gas sector, joint ventures are a common operating model. Multiple partners share ownership of wells, facilities, and infrastructure, with one party responsible for operating the asset and allocating costs to the remaining partners. This partnership enables efficient development and risk sharing, but it also introduces a critical challenge: ensuring that joint venture accounting and cost allocations align with the contractual agreements. For non-operating [Read more]
Northbase Finance Closes Capital Partnership with Oaktree to Support Equipment Financing Platform
Calgary, Alberta – July 15, 2026. Northbase Finance Inc. (“Northbase” or the “Company”) is pleased to announce the closing of a revolving credit facility with Oaktree through its Asset-Backed Finance strategy, providing up to US$300 million in scalable financing capacity. The facility will support the continued expansion of Northbase’s North American equipment financing platform, focused on critical operating assets across power generation, compression, energy transformation infrastructure and [Read more]
Drilling & Completions Operations Changing With 3.2MW Turbine
As the Pad Electrification era in the Canadian Energy Sector expands, so too are the sizes of mobile Natural Gas Turbines available for D and C Operations. As of this year, Evolution Power will be deploying a mobile 3.2MW Natural Gas Turbine (the equivalent to approximately 4300 HP of diesel power) for remote upstream operations. Historically, heavy-duty diesel reciprocating generators served as the standard choice for remote pad power due to their portability and rapid transient response. [Read more]
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