XI Technologies has performed a quick analysis of potential LMR Security Deposit refunds and the results might surprise you. As most people in the oil and gas industry are aware, the Alberta Energy Regulator runs a Liability Management Rating (LMR) program. Under AER Directive 006, companies whose Licensee Liability Rating (LLR) – the ratio of deemed assets to deemed liabilities – is below 1.0 must submit an LMR Security Deposit. Over time, company positions and ownership can change and [Read more]
XI Technologies: December 2018 Expiring Lands Report: Are there opportunities for you?
This week let's take a look at expiring lands. According to AssetBook data, these are the top 25 companies with expiring lands over the next six months. From this data, AssetBook allows you to easily identify and rank expiring lands based on the size of bonuses paid. This will help you prioritize companies who have the most money on the line and therefore may be more open to farm-in or partnership opportunities. E&Ps – could there be farm-in opportunities or land coming [Read more]
XI Analysis: Who’s the most likely buyer for Crescent Point’s Duvernay Rights Divestiture?
In yesterday’s BOE Report, Sayer Energy Advisors announced they have been engaged to assist Crescent Point with the sale of its prospective Duvernay oil rights located in the Ferrybank area of Alberta. After performing a quick analysis of these assets and the key players in the area with AssetBook, XI Technologies Inc. has identified the two most logical potential buyers. Want to know who they are? Want to learn how to easily search for farm-in opportunities on expiring land? Contact XI [Read more]
XI Technologies: Let’s celebrate drilling and development successes in the first half of 2018!
Have you heard some of the good stuff that’s happening in the world of drilling in the WCSB? Likely not. Many of us in the industry scan headlines and keep up as best we can, relying on word of mouth or glances at elevator news screens to give us the news. But while much of the broader media coverage focuses on the many challenges our industry is facing, sometimes it’s good to remember that there are some real successes happening across the WCSB. About every six months, XI Technologies delves [Read more]
What Happens to Chain of Title During Insolvencies?
Are oil and gas companies responsible for the end of life liabilities of assets they divest if the acquiring company goes bankrupt? This question has been reverberating throughout the oil and gas industry since the Redwater case first went to trial and with subsequent high-profile bankruptcies in Alberta. The fear is that companies will sell an asset to another entity that eventually goes bankrupt, and the Alberta Energy Regulator (AER) and Orphan Well Association (OWA) will come knocking on the [Read more]
Redwater will affect the way E&P’s estimate and manage Asset Retirement Obligations
The issue of Licensee liability in Alberta’s oil and gas sector has been an evolving one for many years. The Alberta Energy Regulator (AER) introduced changes to the Licensee Liability Rating (LLR) from 2013 through 2015, and then again in 2016. Further changes are expected in 2018, as is the ruling on the Redwater Energy Corp. (Redwater) case which will determine the degree of liability that must be assumed by receivers of defunct companies. No matter which way Canada’s Supreme Court rules, [Read more]
Celebrating Canadian E&P accomplishments in the last year
With news headlines dominated by pipeline power struggles, a lingering lower-for-longer sentiment, and of course the media circus to the south of us, it’s easy to assume that 2017 was a year that didn’t yield a lot of progress for Canada’s E&P energy sector. While 2017 certainly brought challenges, a look back at the data shows that a lot of good work was done by a Canadian E&P sector that simply refuses to say “uncle”. At XI Technologies we believe in the power of data to enlighten [Read more]
Why you need to incorporate ARO into your A&D analysis: An LLR vs ARO Case Study Presentation
XI Technologies invites Business Development, Finance, and Risk Management professionals working in the Alberta oil and gas sector to attend a free case study presentation outlining the key differences between the two most common methods of estimating the retirement liabilities of an asset during the M&A process. While capital markets appear to be loosening slightly in 2018, investors are keenly aware of the growing importance of Liability Management and will be insisting on a clear, [Read more]
Why you need to incorporate ARO into your A&D analysis: An LLR vs ARO Case Study Presentation
XI Technologies invites Business Development, Finance, and Risk Management professionals working in the Alberta oil and gas sector to attend a free case study presentation outlining the key differences between the two most common methods of estimating the retirement liabilities of an asset during the M&A process. While capital markets appear to be loosening slightly in 2018, investors are keenly aware of the growing importance of Liability Management and will be insisting on a clear, [Read more]
Free Info Session: How to find the best acquisition, merger or new business opportunities to support your company’s 2018 growth plans
Commodity prices, Crown land sale results, and an abundance of capital waiting on the sidelines for the right opportunity are among the signs that momentum is building toward growth and increased activity in the WCSB for 2018. Are you ready to be a part of it? XI Technologies (XI) is pleased to announce a free info session which will take place Thursday, December 14, 2017. The session will focus on workflows and tools within XI’s AssetBook that can help operators to research, screen and [Read more]
- « Previous Page
- 1
- …
- 27
- 28
- 29
- 30
- 31
- 32
- Next Page »