Asset Report

Parallax Alberta

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Parallax Energy is a privately owned oil and gas company in the Joffre area of the Eastern Duvernay Shale in Alberta. The company was formed in 2024 and acquired privately-held Vesta Energy in December 2024, establishing its east Duvernay position. The company holds approximately 230,000 acres in the play, with production weighted towards medium to light oil. The company is backed by Carnelian Energy Capital Management and is led by two former executives of Pipestone Energy which was ...

Table of contents

  • Key facts
    • Summary
    • Key issues
  • Location maps
  • Participation
  • Geology
  • Reserves and resources
  • Production
  • Development
  • Costs
  • Fiscal and regulatory
    • Discount rate and date
    • Oil price
    • NGL price
    • Gas price
    • Exchange rate
    • GEM Filename
  • Economic analysis

Tables and charts

This report includes the following images and tables:

  • Key facts: Table 1
  • Parallax Energy's western Canadian operated production
  • Reserves and resources: Table 1
  • Production: Table 1
  • Production: Table 2
  • Production Profile
  • Capital Costs
  • Costs: Table 2
  • Operating Costs
  • Cash flow
  • Economic analysis: Table 2
  • Economic analysis: Table 3
  • 5 more item(s)...

What's included

This report contains:

  • Document

    Parallax Alberta

    PDF 1.74 MB

  • Document

    Parallax Alberta

    XLS 453.00 KB