Calgary-based Inclusive Energy Ltd. has secured a market for its oilfield services (OFS) with an agreement to fund drilling in the northeastern corner of the Williston Basin, both in the United States and Canada.

inclusive

The agreement announced Wednesday by the oilfield services (OFS) company is to provide services in Manitoba and Saskatchewan, as well as Montana, North Dakota and South Dakota.

Inclusive agreed to accept production royalty shares as payment for loans to Shiffoil Ltd. for wells that use its OFS equipment and services in Pierson, which is in Manitoba. 

The value of the arrangement was not disclosed.

Recovering demand and prices confirm that the oil and gas reserves still hold promise, said Inclusive President Bilal Hydrie. 

“We see a lot of upside and are...