Investors Overview

Click the button below to view our most recent (October 2018) corporate presentation.

Corporate Updates


October
2018

  • Stock resumed trading
  •  Acquired well licenses for next drilling phase scheduled to begin in November

September
2018

  • Completed reprocessing of second phase seismic program with additional targets identified and petroleum leases either acquired or being acquired
  • Drilling inventory now exceeds 30 locations

August
2018

  • Completed inaugural three-well drilling program with capital payout, based upon current commodity prices, to be achieved within approximately seven months
  • Specifically the 11-36 well, which is currently producing approximately 240 barrels of oil per day, will achieve capital payout in 90 days
  • Seismic model has been verified in the ability to identify high quality/high volume reservoirs

June
2018

  • Initiated inaugural three-well drilling program

May
2018

  • Entered into 3D seismic and land option agreement with Prairie Sky Royalties
  • Began reprocessing of approximately 90 square miles
  • Entered into a JV agreement with a reliable industry partner

April
2018

  • Entered into joint venture with Divestco to create ultra low cost cryptocurrency mining centre

March
2018

  • Established new drilling locations, bringing the total to 20 with more expected as interpretation progresses
  • Acquired new mineral leases pertaining to newly identified opportunities
  • Inaugural drilling program anticipated to launch early June
  • Evaluation work continues on complementary production opportunities
  • Entered into cogeneration joint venture with Divestco Inc. to convert natural gas to electricity at industry low rates

October
2017

  • Completed first phase 3D seismic, interpretation underway
  • Acquired additional Nisku petroleum leases
  • Identified 11 seismic drilling opportunities
  • Initiated development of complementary production acquisition

August
2017

  • Began establishment of additional drilling locations
  • Acquired land for two prospects with more negotiations in progress
  • Initial review of shallow up-hole horizons exceed expectations in terms of both drilling target quantity and quality

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Calgary, AB T2P 5E9