Blaze Energy (Canada)

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Overview

About:

Blaze Energy Ltd. is a privately owned, Calgary based, oil and natural gas company with both upstream and midstream assets. Blaze currently produces approximately 5000 BOE/d which is 50% oil and NGL's. This represents 75% of Blaze's cashflow. The remainder is being generated by it's significant midstream operations. Blaze conducts the majority of its operations in the Brazeau River and West Pembina areas of Alberta, Canada. The Brazeau River Complex is a significant deep cut sour gas facility which is operated and 63% owned by Blaze. Blaze also operates the 350 km gas gathering system tied into the Brazeau River Complex.As of June 30th, 2012, Blaze holds over 150,000 net acres of land in Brazeau River and West Pembina regions, 57,000 of which has Duvernay potential. This area is widely recognized for prolific production from multiple geological formations. Blaze has strategically acquired this prosperous area and is actively developing it for its potential.Blaze has also begun an Enhanced Oil Recovery and Commercial Natural Gas Storage project through a 25% owned, 100% managed entity called Wild Rose Energy Ltd.

Sector: Oil & Energy

Website: http://blazeenergy.com

Year Established: 1995