Our History
Renex Exploration Company was founded in 1986 with a vision to responsibly harness the abundant natural resources of Canada. Over the years, we have evolved from a single extraction site to a multifaceted oil production company with operations spanning across North and South America.
Starting in Alberta
Our journey began in 1987 with the opening of our first extraction site in the Peace River oil sands of Alberta. This milestone marked the start of RENEX®'s commitment to delivering reliable energy while maintaining high standards of environmental stewardship. Just three years later, in 1990, we expanded our operations to Lethbridge, Alberta, setting the stage for a series of strategic expansions.
Canadian Exploration
In the late 1990s, we ventured into Saskatchewan with the launch of our Kindersley site in 2000, followed by Swift Current in 2004. These additions were crucial in strengthening our presence in the western Canadian oil industry. In 2004, we marked another important milestone with the opening of our Fort Nelson site in British Columbia, extending our reach into new territories and leveraging the potential of British Columbia’s oil resources.
Canadian Expansion
The beginning of the 2010's saw RENEX® opening a new site in Grande Prairie, Alberta, in 2012, enabling us to better serve the growing demands for energy in North America. Our growth continued into the early 2010s with the addition of Weyburn, Saskatchewan, in 2017.
International Establishment
In 2021, we took a significant step onto the global stage by establishing operations in Magallanes, Chile, marking our first international site. This expansion into South America represents our commitment to sustainable growth and our ambition to explore new frontiers in energy production.
RENEX Today
Today, RENEX®'s network of sites produces an average of 33,782 barrels per day, as of 2023, contributing to the reliable energy supply that powers homes, businesses, and industries. Our history is one of innovation, resilience, and dedication to responsible resource development. With each milestone, we continue to build on our legacy, committed to powering progress for future generations.