geoLOGIC systems ltd. has acquired JWN Energy, creating a significant energy intelligence powerhouse aimed at improving data services in the oil and gas industry.

Information on the Target

geoLOGIC systems ltd. (geoLOGIC) has announced its acquisition of JWN Energy (JWN), a prominent energy insights and intelligence provider renowned for its industry-leading brands, including the Daily Oil Bulletin, Evaluate Energy, and CanOils. Headquartered in Calgary, Alberta, JWN delivers crucial data and intelligence to a diverse array of stakeholders in the oil and gas sector as well as the broader energy industry, catering to operators, analysts, service providers, and government institutions.

This merger represents a transformative step for both companies, enhancing their combined ability to offer curated, trustworthy data alongside invaluable insights tailored to clients' technical and financial needs. geoLOGIC CEO David Hood emphasized the merger's potential to integrate the companies' product lines and expertise, particularly in areas such as Environmental, Social, and Governance (ESG) criteria and the energy transition, aligning with the evolving demands of the industry.

Industry Overview in Canada

Canada's energy sector is a vital part of the nation’s economy, with a strong focus on oil and gas production. The country is predominantly known for its rich resources, including heavy oil from Alberta’s oil sands and conventional oil and