Oil, Gas and Consumable Fuels
Company Overview of Ember Resources Inc.
Ember Resources Inc., an oil and gas company, engages in the exploration for, acquisition, development, and production of natural gas reserves derived primarily from coal or coalbed methane in the province of Alberta, Canada. Its principal properties include the Fenn Big Valley properties with working interest of 94% covering an area of 57,079 gross acres of land in the northeast of Calgary; the Acme properties with working interest of 52% consisting of 24,376 gross acres of land in the northeast of Calgary; the Buffalo Lake properties with working interest of 85% covering an area of 73,985 gross acres of land in the northeast of Red Deer, Alberta; and the Malmo properties with working inter...
Stock Exchange Tower
Suite 2400 300 5th Avenue SW
Calgary, AB T2P 3C4
Founded in 2005
Key Executives for Ember Resources Inc.
Chief Financial Officer and Vice President of Finance
Chief Operating Officer and Executive Vice President
Compensation as of Fiscal Year 2014.
Ember Resources Inc. Key Developments
Apache Corp. Agrees to Sell Alberta Oil and Gas Assets to Ember Resources Inc
Aug 15 13
Apache Corp. announced that it has agreed to sell oil and gas producing properties in the Nevis, North Grant Lands and South Grant Lands areas of western Alberta, Canada, to Ember Resources Inc., for USD 214 million. The assets comprise 621,000 gross acres and more than 2,700 wells that had average net production of 67 million cubic feet of gas and 237 barrels of liquid hydrocarbons per day from late Cretaceous sands and coal seams during the second quarter of 2013. Apache said that it will retain 100% working interest in horizons below the Cretaceous, such as potential Duvernay and Nisku, in Nevis and North Grant Lands. The effective date of the transaction is April 1, 2013, and it is expected to be completed during the third quarter, subject to customary regulatory approvals and other closing conditions.
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