RENEX Exploration Announces Drill Results At Matawa Place
RENEX Exploration Limited has announced drill results show the potential to expand the historical Matawa Place....
Read MoreKindersley is known as the Oil & Gas capital of Saskatchewan, having hosted oil exploration and extraction companies since the 1950s.
In 2000 RENEX® acquired the lease of 277,419 hectares of prime oil land in Kindersley, Saskatchewan following its first successful exploration operation outside of Alberta.
Today, RENEX® operates eleven active extraction sites in Kindersley, strategically positioned to optimize resource recovery and minimize waste. With a 4,872 barrels of oil per day (BPD) average, the Kindersley operation continues to play a crucial role in RENEX®'s portfolio as the largest single operation by the company, contributing significantly to our presence and success in Canada.
Primary Extraction | Light Crude Oil |
Location Launch Date | 18/11/2000 |
Number of Operations | 9 |
Average Extraction | 4,872 BPD* |
Location Country | Canada |
Estimated End of Life | 2085 |
RENEX® Ownership | 100% |
Kindersley is a prominent oil drilling hub in Saskatchewan, recognized for its abundant reserves and long-standing role in Canada’s energy industry. Known as the Oil & Gas capital of the province, Kindersley has supported oil exploration and extraction since the 1950s. The area is characterized by its extensive oilfields and well-developed infrastructure, making it an ideal location for both established companies and new ventures.
Light Crude Oil is extracted from underground reservoirs through drilling. The method used most commonly by RENEX® in Kindersley include traditional drilling and hydraulic fracturing. Both methods, help reduce waste and act as a more efficient extraction method compared to extracting Heavy Crude Oil or Oil Sands, both of which include extracting sand to be filtered at the surface.
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Investor RelationsRENEX Exploration Limited has announced drill results show the potential to expand the historical Matawa Place....
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