Doing it right
Experts at acquiring, developing and responsibly operating long-life economic hydrocarbon reserves. Our commitment to “doing it right” drives predictable, and sustainable free cash flow and enables strategic, risk‑managed growth.
RICOCHET OIL CORP
Ricochet Oil Corp (“Ricochet”, “ROC” or “the Company”) is an Alberta-based, private Canadian company proud to be developing crude oil and natural gas resources in the province. We have a very successful history of reserve acquisition and safe operations to deliver exceptional and sustainable financial performance.
A RICH LEGACY
Since 1953, our assets have been at the heart of the Pembina oil field – Canada’s largest and most prolific conventional oil discovery. These assets were formerly owned and operated by Mobil Oil and ARC Resources and historically produced in excess of 100,000 boe/d.
ENVIABLE AND GROWING PRODUCTION BASE
In just five years, Ricochet has emerged as a leader in the Cardium formation, consistently increasing production by approximately 1,000 boe/d annually from a strong base of ~7,000 boe/d — all supported by top-tier well economics.
CAREFUL AND RESPONSIBLE DEVELOPMENT
Our ethos is simple: ‘do it right.’ We prioritize long-term growth that benefits all stakeholders — employee, capital and service providers, communities, regulators, business partners and the environment.
A TEAM WITH EXPERIENCE, AND HEART
We have brought together a highly experienced team of owners, managers and advisors to build a small, harmonious, and very special Company. We are proud of what we have built but continue to work hard to reach our full potential.