Operations

Velvet Energy’s operations are located in the heart of the Deep Basin in West-Central Alberta. Development is focused on oil and sweet liquid-rich natural gas through horizontal drilling in multiple stacked horizons. Current production is approximately 14,000 boe per day, from our 412,000 net acre land position and associated company-owned gathering and processing facilities. This large, focused land base allows our growth to be achieved primarily through the drill-bit.