As we head into Q2 2018 earnings season, there are a lot more reasons to be optimistic about Canada’s oil and gas industry than in years past. Crude prices have been on the rise and gas prices, while challenged, may be supported by a Shell led positive FID for LNG Canada. The impact of the project would be felt across …

Our Sequeira OFS Index was virtually unchanged month-over-month to the end of May, though was up 1.5% year-over-year. Rigs continue to be added in the Western Canadian Sedimentary Basin (WCSB) after a weaker than expected Q1 F18, which was largely attributable to colder than normal weather conditions. With spring break-up over, activity has been picking up and all indications are …

Our Sequeira OFS Index increased 5% month-over-month to the end of April though was down 5% year-over-year. While spring break-up is in effect, Q1 2018 earnings season is getting started. Precision Drilling reported solid Q1 results on strengthening activity levels in the United States. In Canada, Precision noted that operators remain focused on capital discipline and experienced similar activity levels …

Calendar year 2018 is off to a great start for our team with three transactions closed in recent weeks. In Alberta, we represented Noralta Lodge on the sale to Civeo (NYSE:CVEO) and Cervus Equipment (TSX:CERV) on the sale of their Construction Dealership Group to Calmont Group. In B.C., we represented ES3 Insurance Services Ltd. on its sale to HUB International. …