Our Unconventional Division is comprised of three Regions: Gold Creek/Karr, Kaybob, Smoky

Gold Creek

Located in proximity to Grande Prairie in Northwest Alberta, the Gold Creek and Karr areas focus on developing the oil window of the Montney formation. This area utilizes pad-based horizontal drilling and multi-stage fracturing, including extended reach horizontals to develop this resource efficiently and maximize returns. There is significant inventory available for development, and infrastructure availability allows for material future organic growth.

KAYBOB

Situated in the Fox Creek region of Northwest Alberta, the Kaybob area targets the Duvernay resource play, a premier geological formation known for its high-value natural gas and liquids. Employing pad-based horizontal drilling, multi-stage hydraulic fracturing, and extended-reach horizontals, we aim to optimize economic returns and maximize cash flow from the asset. Supported by significant undeveloped reserves across the liquids-rich gas, retrograde condensate, and volatile oil windows, along with a strategic mix of 100% owned and partially owned batteries and gas plants, Kaybob is well-positioned for robust organic growth and operational efficiency. These assets enable us to deliver sustained long-term value to the corporation.

Smoky

The properties in our Smoky region include Kakwa, Lator, Musreau and Resthaven, all located in Northwest Alberta. The primary reservoir being developed is the Montney resource play, mainly comprised of condensate-rich natural gas. This area utilizes pad-based horizontal drilling and multi-stage fracturing, including extended reach horizontals. The Region is comprised of large-scale opportunities and significant inventory setting it up to provide material future organic growth.

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