Canada Oil and Gas Provinces Rank Among Best in the World

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Nov 25, 2014, 02:30 ET

DENVER, Nov. 25, 2014 /PRNewswire/ -- EnerCom's Oil & Gas 360® reports that the Canada oil and gas provinces of Alberta, Saskatchewan and Manitoba placed among the top jurisdictions in the world for oil and gas investment, according to an independent annual survey.

Alberta remains the most attractive province for oil and gas investment in Canada, according to the Fraser Institute's (an independent Canadian public policy research and educational organization) annual Global Petroleum Survey of oil and gas executives. "Alberta's wealth of petroleum reserves continues to attract investment, which creates jobs for scores of Canadians," said Kenneth Green, senior director of the Fraser Institute's Center for Natural Resources, in a press release.

Alberta ranked second in the world behind Texas among jurisdictions with large oil and gas reserves. And of the 69 global jurisdictions with small proven oil and gas reserves, Saskatchewan and Manitoba ranked number two and three, respectively.

Oil & Gas 360® Looks at Canada's E&Ps

Oil & Gas 360® Looks at Canada's E&Ps is a multi-part series that introduces investors to the operations and financials of Canadian exploration and production companies with operations in Alberta and other Canadian provinces.

One of the companies in the report, Manitok Energy (TSX-V: MEI), is an exploration and production company with all of its operations in Alberta. Manitok operates mainly in the Canadian Foothills, where it extracts conventional oil and gas, and in Southeast Alberta, where its focus is crude oil. For the nine months ended Sept. 30, 2014, Manitok reported averaged production of 4,647 barrels of oil equivalent per day (BOEPD), up from 3,818 BOEPD for the nine months ended Sept. 30, 2013. In its November investor presentation, Manitok details its current operations, acreage, development plans, company financials, and the plan to achieve its production goal of 20,000 BOEPD in five years.

Read Oil & Gas 360®'s extended coverage of the Global Petroleum Survey including the ranking of Canada oil and gas provinces on OilandGas360.com.

About Oil & Gas 360®

Oil & Gas 360® is the bridge that connects the people, companies, transactions and politics affecting the global oil and gas industry to a targeted worldwide audience of oil and gas investors and top energy executives. Created by the professionals at EnerCom, Inc. all content is available to investors and industry professionals free of charge at OilandGas360.com. Register for OAG360's daily after-market email news distribution here.

About EnerCom, Inc.

Founded in 1994, EnerCom, Inc. is a nationally recognized investor communications consultancy firm advising and serving energy-centric clients on corporate strategy, investor relations, media and corporate communications and visual communications design. The Company's professionals have more than 150 years of industry and business experience and a proven track record of success focusing exclusively on the oil and gas industry. Headquartered in Denver, EnerCom uses the team approach for delivering its wide range of services to public and private companies, large and small, operating in the global exploration and production, drilling, OilService, midstream and associated advanced-technology industries. EnerCom annually hosts the following oil and gas investment conferences:

The Oil & Services Conference™ 13 – San Francisco, California – February 18-19, 2015
The Oil & Gas Conference® 20 – Denver, Colorado – August 16-20, 2015

For more information about EnerCom, its services, conferences and Oil & Gas 360® please call 303-296-8834.

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SOURCE EnerCom, Inc.