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NorthAmOil NEWS IN BRIEF NorthAmOil
to include hard assets such as production performing M&A due diligence on a variety of backlog over the coming months and system
facilities, gathering systems, pipelines, and oil and gas properties of all sizes, production delivery to occur in 2021.
drilling, fracking and completion equipment, operations analyses and environmental In addition, Xebec has received multiple
as well as a more granular analysis of reviews. This alliance will enhance our clients’ hydrogen purification orders for the
anticipated costs of developing reserves. The understanding of the true value of assets, production of cost-effective, high purity
combination provides an advantage to our provide analysis that promotes good decision hydrogen for use in fuel cells and industrial
clients who require a thorough, independent making, and ensure success. applications.
understanding of asset value performed GRAVES & CO. CONSULTING, June 17, 2020 The aggregate order amount of the landfill
economically and efficiently. and hydrogen projects announced today, and
Both firms have extensive experience the Alberta RNG Project LoI announced on
providing expert witness testimony and ENERGY TRANSITION June 3, 2020, is $11.9mn.
distressed asset valuation support for On June 1, 2020, Xebec announced
restructuring and bankruptcy situations, Xebec announces letter of the creation of the GNR Québec Capital
and in support of litigation. Signa is investment fund. This new investment vehicle
especially proficient in designing, drilling intent for Canadian landfill aims to increase renewable natural gas (RNG)
and completing managed pressure and production in Québec and Canada, and when
extended reach drilling, providing onsite gas to renewable natural fully capitalised and appropriately leveraged,
supervision and the analysis of production could fund 12-15 renewable natural gas
practices, and has testified extensively gas project projects in Canada.
about correct practices and procedures. While this landfill project will not be
Graves’ management team has provided Xebec Adsorption, a global provider of clean invested into through the fund, the LoI
technical assistance and advisory services energy solutions is pleased to announce that showcases the increasing number of projects
to banks, trustees, creditor committees, and it has signed a letter of intent (LoI) on June that are coming online for RNG, and how
restructuring firms in evaluating oil and gas 5th, 2020, for the sale of a multi-million Xebec is becoming a valuable technology
properties and in developing strategies to dollar landfill gas to renewable natural gas provider and financial partner in the waste-to-
restructure and turn around distressed assets. (RNG) installation, to a large-scale waste RNG space in Canada.
Signa Engineering and Graves & Co. management customer in North America. XEBEC ADSORPTION, June 10, 2020
Consulting teams have broad experience Xebec expects the LoI to convert into
P18 www. NEWSBASE .com Week 24 18•June•2020