MaXfield Group Acquired by TerraVest Capital Inc. On February 5, 2018 TerraVest Capital Inc. acquired all issued and outstanding shares of MaXfield Group Inc., a Calgary-based manufacturer of processing, storage, and transportation equipment for propane, anhydrous ammonia, and oil and gas markets. The acquisition cost $21.0 MM and is subject to a working capital adjustment….
“When the crude oil export ban was lifted in January 2016, many broadly viewed it as good for the industry and free trade but were not quite sure about its impact. In 2017, we saw U.S. exports of crude, as well as liquefied natural gas (LNG), and refined products continue to rise… “This rise aligns…
The U.S. domestic natural gas production has experienced an unprecedented increase during the past 10 years. This was mainly attributable to ongoing advancements in drilling and producing technologies, such as hydraulic fracturing and horizontal drilling, coupled with access to prolific shale plays. In just a decade, production grew to more than 26.4 tcf (trillion cubic…
Technical Safety BC Last fall, the British Columbia Safety Authority announced it would be changing its operating name and identity to Technical Safety BC. According to their news release, the identity change comes following extensive consultation with clients and industry stakeholders. It reflects the move toward becoming a knowledge and data-driven organization that uses smart…
By Bill Stomp More propane and petroleum marketers are benefitting from cutting-edge technology in the form of innovative apps that handle everything from geo-location, on-site invoicing, safety inspections, sales improvements, marketing automation and digital replacement of paper forms and documents. Hardly a week goes by without some new app rolling into the marketplace to help…
By Howard C Smith, , P. Eng, GPAC GAS alumni representative The primary role of the GAS alumni representative on the GPAC Board is to act as the interface between the board, the Association, alumni members, and past presidents. It is currently a non-voting position although this is due to change to full “director status.”…
