Month: October 2016

      Research and development-related tax strategies can provide flexibility now, when you need it most BY MICHAEL BOSDET The current economic climate is a catalyst for M&A activity in the oil patch. But with the sheer volume of complex tax-related issues to be dealt with in such transactions, it’s easy to understand how … Read more

    In the highly competitive oilfield services industry, it is critical to streamline operations as much as possible to maximize profits, and one area of improvement is field ticketing and work order management. Managing the flow of information from the office to the field and back can be a time-consuming, inefficient process that costs … Read more

        Lee Williamson, Senior Consultant T.A. Cook Consultants Whether an organization bleaches pulp for paper, manufactures or refines petroleum, company executives are expected to watch the bottom line.  Equipment must be up and running at full capacity so that output goals are met—even if it means pushing equipment well beyond its original … Read more

      Our picks for the top junior oil companies of the past, present and future BY JODY CHUDLEY Fifteen years ago it was common knowledge that oil and gas production in North America was in terminal decline. After decades of exploration, all of the profitable onshore oil and gas in Canada and the … Read more

      The United States is big, it’s brash and it does things its own way. With a November election just weeks away, global risk analysts wonder what a change of leadership in Washington will mean for North American energy BY MARKHAM HISLOP Who among the two leading U.S. presidential candidates would best serve … Read more

      David Wilson is something of a “business whisperer” when it comes to creating small, successful oil companies BY NICK WILSON David Wilson, CEO of Kelt Exploration and founder of many others Photo Rob McMorris David Wilson must be doing something right. He started his career as a rig worker and a driller, … Read more

      AB considers converting disused wells to geothermal energy systems. Oil firm to coproduce oil and geothermal heat in Saskatchewan – two firsts for Canada. BY NICK WILSON Alberta Energy may promote the conversion of disused oil and gas wells into geothermal systems as a partial solution to the province’s abandoned well crisis. … Read more

      Why it’s hard to contemplate a world without junior oil companies BY NICK WILSON This month I tried to get definitive information about the total number of junior companies in Alberta; their combined output of oil and gas; the revenue they send to governments; the property tax they pay to municipalities; and … Read more

      WatchDog can now monitor tanks to provide volume and tank temperature. WatchDog3 – Tank Monitoring Capabilities WatchDog has expanded its capabilities to include tank monitoring. Being able to monitor tanks is a crucial factor in safely reducing the need for the daily routine well site visits. Now the operator knows both the … Read more

      The flagship Auspice Diversified Fund softened 1.06% in September to be flat for the year while long term benchmark outperformance remains intact.  Full Report HERE [gview file=”http://energynow.ca/wp-content/uploads/Auspice2016DiversifiedCommentarySep.pdf”]

        Mike Asquini, Senior Consultant When discussing maintenance work, planning and scheduling are inevitably linked. So much so, that distinguishing between the two disciplines can be difficult. They are interconnected, but in order to produce a functional schedule, planning and scheduling must be treated as individual processes that support one another. Only … Read more

      People have misunderstood the meaning and role of two key business functions of marketing & sales for generations. Small to mid-size businesses often think Sales is “Marketing”. The department is called “Sales and Marketing” and salespeople “do marketing.” Some think the sales team’s cost and benefits can be measured while branding, market … Read more

      Prepare to have staff in place for a 2017 upturn BY ANDREW SPEERS Perhaps no oil-producing country has suffered more keenly from the oil price slump than Canada, losing around 100,000 direct and indirect jobs in the sector since the start of the downturn. Things certainly look bleak, but let’s be clear … Read more

      Within the next two to five years, oil sands production will ramp up significantly considering the lack of capital expenditures in recent years BY ALBERTA OIL STAFF The next five years will be a crucial period for oil sands producers. According to the International Energy Agency, oil sands production will grow by … Read more