We are pleased to announce that Petro Ninja is now available for iPhone and Android devices. Petro Ninja is a new mapping application that displays well and production data for Alberta, Saskatchewan, and soon British Columbia. Data Capture The problem with a lot of data recorded in the field is storage. Where can you store field data so it remains accessible and useful in the future? Pictures of well sites, risers, pipelines, and facilities are a great example of data that loses [Read more]
Headlines
Razor Energy Corp. Announces Strategic Light Oil Asset Acquisition in the Kaybob Area of West Central Alberta and $18 Million Equity Financing
CALGARY, ALBERTA--(Marketwired - April 19, 2017) - Razor Energy Corp. ("Razor" or the "Company") (TSX VENTURE:RZE) (www.razor-energy.com) is pleased to announce that it has entered into an agreement to acquire strategic assets in west central Alberta (the "Assets") for cash consideration of $9.6 million, subject to customary adjustments (the "Acquisition"). The Assets, situated within Razor's core area, are characterized by low decline, light oil focused production, which is primarily operated [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. Apr. 19 Controller Surerus Murphy Joint Venture Calgary Apr. 19 Oil and Gas Plant Operator / 3rd or 2nd class Power Engineer Roska DBO Edmonton Apr. 18 Frac Supervisor STEP Energy Services Medicine [Read more]
Hemisphere Energy Announces Year-End 2016 Financial and Operating Results
TSX-V: HME - VANCOUVER, April 19, 2017 /CNW/ - Hemisphere Energy Corporation (TSX-V: HME) ("Hemisphere" or the "Company") is pleased to announce its financial and operating results for the year ended December 31, 2016. During 2016 Hemisphere focused on strategic investments to build long term shareholder value by maximizing reserve additions with minimal capital. The Company concentrated on its Atlee Buffalo property in southeastern Alberta where it expanded its waterfloods, built a processing [Read more]
Encana firmly on track to maximize value from its condensate-rich Montney asset
CALGARY, AB --(Marketwired - April 19, 2017) - (TSX: ECA) (NYSE: ECA) Encana continues to successfully advance its five-year plan which it expects will deliver industry-leading cash flow growth and returns. The company's Montney asset plays an integral part in this plan and will contribute significant high-value condensate, non-GAAP cash flow and margin growth. The company has made significant recent progress adding further value to this asset by improving capital efficiency, increasing [Read more]
Suncor Energy provides update on Syncrude return to service plan
CALGARY, ALBERTA--(Marketwired - April 19, 2017) - Suncor today provided an update on the Syncrude Mildred Lake Oil Sands facility following the March 14 incident. Syncrude has developed a detailed repair schedule and return to service plan that includes the completion of a planned turnaround which Syncrude advanced in order to minimize the impact of the outage. The plant is currently operating at reduced rates and Suncor will continue to assist in inventory management. The investigation [Read more]
Oilsands thirst for natural gas grows to nearly one-third of Canadian demand
CALGARY - Nearly one-third of the natural gas burned in Canada last year was used to produce crude from the oilsands, the country's energy regulator said Wednesday, something environmentalists called a "waste" of a cleaner-burning resource. According to a National Energy Board report, nearly 2.38 billion cubic feet per day or a record 29 per cent of purchased natural gas was used for oilsands production in Alberta in 2016. That's up from the 730 million cf/d or 12 per cent of total [Read more]
Surge Energy Inc. Announces $37 Million Core Sparky Area Acquisition; Upward Revision to 2017 Guidance; Increased Dividend
CALGARY, April 19, 2017 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) announces the acquisition (the "Acquisition") of a low decline, high netback, waterflooded, crude oil producing asset in its core Sparky area of Central Alberta. In addition, Surge has acquired two net undeveloped sections in the Company's core operated Eyehill asset (collectively the "Assets"). Surge has identified up to 29 low risk, development drilling locations on the Assets. The purchase price for the [Read more]
Overcoming Soft Soil Access Challenges with Lightweight Construction Mats
Construction access over soft soils present a common challenge that project managers face to complete projects on time and within budget. Sites with extremely soft soil—and sites in remote, difficult-to-access areas make access road and pad construction even more challenging. Commonly used legacy construction mats are made from timber, laminate, steel and heavy composite. They can be effective--but are also costly and can put laborers at risk as they require heavy equipment to install. Often [Read more]
Brookfield-led group to buy all of Loblaw gas stations for $540 million
TORONTO - Loblaw is selling all 213 of its gas stations across the country for $540 million to Brookfield Business Partners and its partners. While Brookfield (TSX:BBU.UN) would rebrand the stations to Mobil, they would continue to use the PC Plus loyalty program offered by Loblaw (TSX:L). The proposed deal is subject to certain conditions, but is expected to close in this year's third quarter. Brookfield Business Partners, a unit of Brookfield Asset Management [Read more]