Trimble Energy Group

Trimble Energy Group

Oil and Gas

Calgary, Alberta 695 followers

Energy Driven. Clear Vision. Optimum Value.

Follow

About us

Trimble Energy Group is proud to have origins serving the energy industry for over 50 years. We are a petroleum engineering and advisory firm leveraging over a half-century of industry experience in the evaluation, commercial production and profitable marketing of oil and gas properties and resources. We work closely with private and public energy companies, financial institutions, analysts, and investors to provide reliable, objective evaluations and technical guidance that our clients can depend on. Trimble Energy Group will guide and support your corporate M&A initiatives. We leverage our wealth of technical, financial and commercial experience in the upstream energy sector, complimented by our transactional knowledge, to bring buyer and seller together in an efficient and effective forum to execute accretive deals. We specialize in sourcing, marketing and successfully completing our engagements regardless of the challenging nature of the marketplace or mandate. We believe it’s our vision that sets up apart. The same vision that facilitated our success for more than 50 years still sets us apart today. Being client-centric and commercially agile, our firm is able to quickly respond to your business needs. We are passionate about delivering the highest quality services and results to increase shareholder returns and maximize value. At Trimble, we are focused on supporting the corporate lifecycle from early-stage resource evaluation, exploration and development to end-stage exit strategies, and everything in between. Our team of engineers, geoscientists, technologists and business professionals have a broad depth of experience in reserve and resource evaluations, mergers, acquisitions and divestments, resource development and asset management. The suite of services that we offer allows us to approach your business holistically in order to serve you better.

Website
http://www.trimbleenergygroup.com
Industry
Oil and Gas
Company size
2-10 employees
Headquarters
Calgary, Alberta
Type
Privately Held
Specialties
M&A, Buy-Side Mandates, Property Divestitures, Corporate Divestitures, Valuations, Fairness Opinions, Strategic Planning, Customized Analysis, Negotiation Assistance, Reserve Evaluations, Asset and Operations Management, Resource Development, and Business Development

Locations

Employees at Trimble Energy Group

See all employees

Updates

  • View organization page for Trimble Energy Group, graphic
    Trimble Energy Group

    695 followers

    During July, 29 of the 48 publicly traded TSX E&P companies (with assets focused predominately in Canada) rose in value, one was flat while the remaining 19 companies fell month-over-month. Of those companies that had an increase in their share price, the rise ranged from 0.06% (Ovintiv Inc.) to Tenaz Energy Corp.’s massive spike of 96.70% on the announcement of an acquisition. On a combined basis, the TSX E&P group had an average increase of 2.68% and median rise of 0.85%. As for the companies listed on the TSX Venture Exchange, seven companies had an increase in their share price, three were flat and the remaining 11 companies experienced a drop. Overall, the group had an average increase of 0.28% while the group fell 0.59% on a median basis. Oil prices fell month-over-month with WTI slipping 1.00% to USD $77.91/bbl, Edmonton Par dropped 3.03% to USD $74.61/bbl and WCS ended the month down 10.24% at USD $58.80/bbl as the discount on WCS widened further in July. Oil fell on concerns of swelling supply and lower demand from China as manufacturing looks to shrink for the third month. NYMEX natural gas prices fell 22.65% to USD $2.01/MMBtu while AECO edged up 10.85% to $0.76/MMBtu. In July 2024, there were few upstream M&A transactions announced in the Canadian oil & natural gas sector. The most significant deals announced were a facility transaction deal, an infrastructure partnership by Whitecap Resources Inc. and one upstream deal across the pond. #oilindustry #canadianoil #oilandgas Read the full report at: https://lnkd.in/gbnHxCE9

    Market Commentary - Trimble Energy Group

    Market Commentary - Trimble Energy Group

    https://trimbleenergygroup.com

  • View organization page for Trimble Energy Group, graphic
    Trimble Energy Group

    695 followers

    Kennibar Resources Ltd. (“Kennibar”) has retained Trimble Energy Group (“TEG”) as its exclusive financial advisor to assist with the marketing of its Fee Title Land and Royalty Interests in Alberta and Saskatchewan (the “Properties”). DIVESTITURE OVERVIEW ·        In Alberta, Kennibar holds fee title interests in an aggregate of 4,389 acres (~ 6.85 sections) and receives lessor royalty revenue of approximately $2,300 per year from the Herronton/Arrowwood area. Additional revenue from the area is expected to recommence in May 2024. ·        There is potential for additional revenue from the Alberta properties in the Duvernay and Sparky Formations due to offsetting production and potential for pooling of land. There are a number of producing formations that are proximal to Kennibar’s unleased fee title. ·        In Saskatchewan, Kennibar holds fee title interests and various GORR interests in an aggregate of 2,120 acres (~3.3 sections). Kennibar’s Saskatchewan properties provide the majority of its lessor royalty and GORR revenue. In 2023, Kennibar received approximately $173,000 in revenue from wells producing from the Alida, Midale and Watrous Formations. There is drilling upside on the fee title and/or the GORR interests held by Kennibar. For more information visit Trimble Energy Group’s website at www.trimbleenergygroup.com or contact Ryan Ferguson Young, Executive Vice President of TEG at [email protected] or (403) 615-2975.

  • View organization page for Trimble Energy Group, graphic
    Trimble Energy Group

    695 followers

     Trimble Energy Group (“TEG”) has been engaged by Calima Energy Inc. (“Calima”, or the Company”) as its exclusive financial advisor and agent to assist with the sale of the shares of the Company. Disposition Overview   -      Calima is a subsidiary of Calima Energy Limited (“CEL”), a company listed on the Australian Stock Exchange. Following the sale of its Montney acreage in 2023, Calima has one remaining producing Boundary Lake oil well only subject to crown royalties in the Paradise area of British Columbia (the “Property”) and approximately $40.3 million in unused Canadian income tax pools.   -      Calima is set up to operate in British Columbia, Alberta and Saskatchewan, providing flexibility for future operations.   -      The Property had average 2023 production of 16 barrels of oil per day from one, low-decline, 100% working interest Boundary Lake oil well at 100/11-01-086-15W6/0 in the Paradise area of British Columbia.   -      For 2023, the net operating income from the 100/11-01 oil well averaged approximately $33,700 per month or nearly $405,000 on an annualized basis, yielding a strong netback of $70.14/boe.   -      Estimated remaining PDP reserves of 34.6 Mboe and 2P reserves of 40.5 Mboe with before-tax NPVs of $1.28 million and $1.45 million respectively at a 10% discount rate as of January 1, 2024.   -      Strong PCA score of 100.     -      Based on recent estimates, Calima has approximately $40.3 million in unused Canadian income tax pools of which approximately $29.86 million are non-capital losses.   Preference will be given to cash offers which are for the shares of the Company.   In the event of an asset transaction, the effective date of the transaction shall be March 1, 2024.   If you have any questions, please contact Trimble Energy Group.   Trimble Energy Group Main Contact for the Divestiture:   Ryan Ferguson Young Executive Vice President [email protected] Direct: (403) 615-2975   The Bid Deadline is March 20, 2024, at 4:00 PM MST

Similar pages

Browse jobs