Glacier Finalizes Acquisition of JuneWarren


Glacier Ventures International Corp. (GVIC) this month finalized plans to acquire the assets of JuneWarren Publishing Ltd. it announced last November. The acquisition gives GVIC ownership of JuneWarren's stable of properties covering the oil and gas industry, including magazines, directory and atlas publications, charts and maps. Specific publications included in the sale are Canadian Oilfield Service & Supply Directory, Oilweek, Oil & Gas Inquirer, Oilsands Review, Alberta Construction Magazine and Canadian Oilfield Gas Plant Atlas.

GVIC already publishes several oil-related titles through its Nickle's Energy Group, such as the Daily Oil Bulletin, the Canadian Oil Register directory, New Technology Magazine, the Rig Locator and The Profiler. GVIC expects the combination of these titles and the newly-acquired ones will help the company better serve the information needs of the Canadian oil and gas industry. The company also expects to provide improved advertising and distribution capabilities as a result.

This is certainly a smart buy for GVIC. JuneWarren's stable of products appears to be a natural fit and should integrate seamlessly into GVIC's established product line. The addition of these publications instantly increased GVIC's stature in the business and professional information and trade information markets. It should also help expand GVIC's relationships with current customers and provide a strong foundation for new relationships with JuneWarren customers. It looks like 2008 will be a very busy year for GVIC as it takes advantage of the growth opportunities these new publications will afford.

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