Western Canadian Sedimentary Basin
Under-Exploited Resource Potential
Alberta, Saskatchewan and Manitoba contain massive conventional light and medium oil reserves.
- Increased recovery through horizontal drilling, multi-stage fracturing and reservoir flooding.
By-passed natural gas over the last 80 years.
- Until the late 90s, Canadian gas was stranded from markets and typically shut-in or flared to produce oil. Low exploration and development risk.
Natural gas resource plays.
- Similar to US shale – technology is unlocking significant tight natural gas reservoirs.
Deep Basin exploration.
- Large reservoirs to be discovered using 3D seismic and exploited through new technologies.
Information Transparency.
- In Western Canada, all data associated with every oil and gas well drilled or produced must be filed with the appropriate Provincial regulatory body
- This database is available online to all industry participants.
- With the regulatory authorities maintaining these records for all drilling and production, this unique circumstance allows our ‘small’ management teams the same access to data as all of their competitors, including the large multi-national oil companies.
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