Over 30 years of oil and gas exploration and development in the Western Canada Sedimentary Basin
What we do
Private Enterprise
Ultrawest is a private, Alberta-based, exploration and development company incorporated in 1990 to generate revenue from oil and gas production.
Joint Ventures
Founder and operator of numerous joint ventures involving private investments in drilling and production, with a documented track record of providing substantial returns for stakeholders.
Acquisitions and Drilling
Currently engaged in acquisition of non-operated working interests and royalties in light oil and natural gas, and generation of development drilling prospects on light oil and cold-flow heavy oil properties in Alberta.
How we do it
Development Risk Business Strategy
We apply an exploitation-by-drilling business strategy targeting under-developed oil and gas reserves with a low-risk/high-return capital investment profile and minimal liability burden.
Capital Efficiency
Priority is given to capital projects with early payout, free cash-flow generation, and long economic reserve life