Oil and Gas

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Word to the Wise: Lack of critical mass could drive Junior divestitures in 2019

This week's Wednesday Word to the Wise explores the potential for increased divestiture activity in 2019 as Canadian Juniors deal with protracted market challenges. If you'd like our Wednesday Word to the Wise delivered directly to your inbox each week, subscribe here.  A recent article announcing the offering of a corporate/asset divestiture by Wolf Coulee Resources

XI Technologies whitepaper cautions against using LLR to estimate ARO

XI Technologies Inc. has published a whitepaper outlining 5 key reasons why Alberta Energy Regulator’s (AER’s) Licensee Liability Rating (LLR) should not be used to estimate long-range Asset Retirement Obligation (ARO) for Alberta operating and non-operating oil and gas companies. Initially created in the early 2000s, LLR was never designed to be used for