We are focused on the exploration, development and production of natural gas, natural gas liquids, and crude oil in western Canada.  The majority of our operations are located in the Deep Basin fairway of the Western Canada Sedimentary Basin (‘WCSB’). In this broad geographical region, we have large contiguous land bases concentrated in Central and Southern Alberta which have multi-zone potential, providing a variety of opportunities for future development. This includes the following plays: the Rock Creek, Spirit River and Notikewin Formations at Niton in central Alberta, emerging oil plays and shallower gas Formations at Southern Plains  in southern Alberta, the Basal Quartz sands at High River in southern Alberta, and an exploratory play at Callum/Cowley in the Foothills area of southern Alberta.


With approximately 84% natural gas, our strategy has shifted to developing our high-return assets such as the liquids-rich natural gas area at Niton and crude oil opportunities in the Southern Plains area, expanding development through drilling into new formations. Operational improvements over the past few years include longer horizontal sections, higher initial production rates, and lower operational costs than experienced in the past. Despite low natural gas prices in the near term, improved efficiencies and technical expertise enable us to continue capturing strong operational returns and deliver sustainable value in the future.

 

   
Focus Liquids-rich natural gas in Niton
Oil opportunities in Southern Plains
Operating Philosophy Maximize capital efficiencies & ROI
Minimize cost structures
Technical expertise & improved economics Strengthened base production performance
Increased drilling production rates
Improved reliability of results
Reduced drilling & operating costs
% Horizontal 73%
Future Upside Extensive gas resources in High River
Exploration opportunities in Foothills & Southern Plains
Undefined potential in Montana