Giant Oil & Gas Inc. is a junior oil & gas company with significant high-impact full-cycle exploration opportunities in two prolific areas:

• The northeast extension of the Pembina Nisku Trend in west central Alberta
• The massive Suffield Block in southeastern Alberta

We are actively expanding our land base and seeking continued growth through exploration.

Our 100%-owned Highvale Project consists of more than 6,000 acres in the Tomahawk/Highvale area of west central Alberta. The area is known for its under-explored multi-zone oil and gas potential along with highly prospective formations including a Nisku interior patch reef oil trend, a zone which is of primary interest to us. The majority of the area is accessible year round.

The Highvale Project provides the company with a number of high-impact full-cycle exploration opportunities, and the ultimate potential to achieve a significant oil and gas production portfolio.

 In a larger sense, the Tomahawk/Highvale area is an extension of the Pembina-Nisku play which cuts a swath 30 km wide over approximately 140 km. The area was described by energy analysts at Tristone Capital as “the source of the most significant series of light oil discoveries in the past five years.”

Nisku is a geological formation underlying the region, and became Canada’s biggest oil pool after the Cardium layer was opened up several years ago. Advances in seismic technology over the last few decades resulted in a flurry of new discoveries in the area.

3D seismic is an essential tool in discovering oil pools in the area, and has so far led to the discovery of several large oil pools.

With the addition of 3D seismic imaging, industry is realizing a 55 per cent success rate in exploration locations in the trend, although drilling costs per well can be high depending on depth. The porous oil-producing reefs of the formation typically range in depth from 2,000 to more than 3,000 m.

The play is predominantly light oil in the northeast, where Giant Oil & Gas is focused. The sour gas that has typically been encountered so frequently in the southwest appears to decline going east toward the Tomahawk/Highvale area.

Given the high quality of the typical reservoir (high permeability, light oil) new discoveries in the trend often support high production rates.

Suffield Project of southeastern Alberta

Our 100%-owned Suffield Project consists of more than 5,200 acres in the center of one of the largest petroleum-producing regions in North America. The Suffield area is known for its prolific gas production and also heavy oil. In a larger sense, the area itself sits within an area of gas fields covering several thousand square kilometers, with more than 50,000 wells currently in production.