Friday, November 30, 2007

Oilfield publishing merger inked as JuneWarren bought out by Glacier

Two major oil industry publishing groups are to be merged with the 100% purchase of the JuneWarren Publishing by GVIC Communications Corp. for an undisclosed combination of cash and shares.

(GVIC used to be called Glacier International Ventures Corporation; it is a former bottled water company that transformed itself into an information and communications company and it became a major media player with the acquisition of Hollinger's trade publishing division and many of its newspapers in the west).

The JuneWarren magazines are Canadian Oilfield Service & Supply Directory, Oilweek, Oil & Gas Inquirer, Oilsands Review, Alberta Construction Magazine and Canadian Oilfield Gas Plant Atlas. These and related custom publishing, directory and atlas publications and chart and map publishing will be combined with GVIC's Nickle's Energy Group. The Nickle group publishes Daily Oil Bulletin, the Canadian Oil Register directory, New Technology Magazine (which focuses on technology in the oil industry, the Rig Locator and The Profiler (an oil industry theme based magazine).

GVIC holdings include the 45 print and online magazines, directories, specialty websites and electronic information acquired when it purchased the Business Information Group from Hollinger Inc, as well as the Business in Vancouver Media Group.

Its combined daily and community newspaper group offers distribution of more than 1.3 million copies across B.C., Alberta, Saskatchewan, Manitoba, Ontario and Quebec.

Its trade information group consists of the largest agricultural publication group in Western Canada.

Its business & professional information group includes Specialty Technical Publishers which publishes regulatory & compliance information; CD Pharma Interactive Medical Productions which develops electronic interactive continuing medical education programs for doctors; Fundata which provides investment fund related electronic and print information and analytics to the Canadian and global investment community and a wide variety of Canadian newspapers and media.

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