Background to the Canoils Database

Strategic Partners

 
 


About CanOils

The CanOils® Database was first developed by Woodside Research Ltd. in 1985. Woodside's founder, John Shiry, had been a political science professor at four different Canadian universities after earning his doctorate at Queen’s University in Kingston Ontario. He started analyzing oil & gas companies soon after moving to Calgary in 1979 at the height of the oil boom of that period and started CanOils as an investor-oriented database focusing on the unique features of oil & gas companies.

During 2004, Woodside developed a joint venture with Evaluate Energy, and proceeded to design, implement and market the CanOils® database. 

In 2007, Evaluate Energy purchased CanOils® from Woodside Research to provide an integrated company analysis tool to the Canadian market.


CanOils” and “The CanOils Database” are registered trademarks of Evaluate Energy Ltd., in Canada & the USA.

Petroleum Expertise...

Embedded in a database

Embedded in the CanOils® database are years of experience in Canadian oil and gas company analysis.

The Canadian Association of Petroleum Producers (CAPP) relied on CanOils® to complete two major studies on the industry: its profitability, and comparison to the US oil & gas sector.

The Canadian Senate used CanOils® to study Petro-Canada’s performance metrics compared to other Canadian oil & gas companies.

The old Independent Petroleum Association of Canada (later merged into CAPP) used CanOils® data to make the case that Flow-Through shares were a valid and useful method to assist oil & gas producers to raise capital. In 2004, Flow-Through LPs raised about $1-billion to finance Canadian oil and gas drilling.

CanOils® helps companies, associations and governments make good investment and policy decisions about the oil and gas industry.