Swift Current

Swift Current operations began in 2004, following the success and expansion of RENEX®'s first Saskatchewan venture in Kindersley. Located in the southwestern part of Saskatchewan, Swift Current is home to a range of oil extraction opportunities, with significant oil reserves that continue to drive growth for RENEX®.

In 2004 RENEX® successfully acquired a 60% stake in a neighbouring firm, which led to complete purchase of the firm in 2006. Following the success of these acquisition methods in the Swift Current area, we successfully purchased 40% in another firm in 2019, leading to the third operation being added to our Swift Current Portfolio.

With a 2,405 barrels of oil per day (BPD) average from just 3 operations, Swift Current operations are the most efficient in the RENEX® Portfolio.

At a Glance

Primary Extraction Heavy Crude Oil
Location Launch Date 15/10/2004
Number of Operations 3
Average Extraction 2,405 BPD*
Location Country Canada
Estimated End of Life 2110
RENEX® Ownership 80%
*BPD (Barrels Per Day) is calculated from the total annual extraction in 2024.

Average Production over 5 years

About Swift Current

Swift Current is a key oil drilling location in Saskatchewan, known for its rich oil reserves and established role in the province's energy sector. With a history of oil exploration dating back to the 1950s, the area has become a significant hub for light crude extraction and production. The region continues to contribute substantially to Saskatchewan’s oil production, playing an important role in the local and national economy.

Light Crude Oil

Light Crude Oil is extracted from underground reservoirs through drilling. The method used most commonly by RENEX® in Swift Current is the hydraulic fracturing method, further helping us reduce waste and produce our product in the most efficient and environmentally safe fashion.


Pre-IPO Investment Opportunity

With a NYSE Listing on the Horizon, there's no better time to invest in RENEX®

Investor Relations

Latest News & Insights

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