About Ember
We are Canada’s largest producer of coalbed methane (CBM) with 280 million cubic feet a day of natural gas production from coals. With the dominant land position of contiguous, highly prospective lands in Alberta’s Horseshoe Canyon coal trend, we are an active consolidator of CBM assets in the Western Canadian Sedimentary Basin. And we’re growing.
FOCUSED ON ENERGY FOR GENERATIONS TO COME
Extracting natural gas from the Horseshoe Canyon’s vast coal seams in Southern Alberta, Ember has a proven record of organic growth driven by scalable and repeatable drilling success, significant expansion through accretive acquisitions and low-risk, long-life reserves of 25 – 30 years.
Drilling CBM in the Horseshoe Canyon has a high degree of certainty with virtually no exploration risk. As such, Ember is proud of its 100% drilling success in recent years.
With 2.1 million net acres (over 2.5 million gross acres) of land and over 10,000 wells, Ember produces 280 million cubic feet per day of sweet, clean, dry natural gas.
FREE CASH FLOW AND STABLE PRODUCTION
Ember has significant leverage to natural gas prices. Ember is ideally positioned to continue expanding its free cash flow model supported by low decline rates and cost structures to deliver low risk exposure to natural gas in Western Canada.
With a large inventory of CBM development opportunities behind pipe and owned infrastructure in place, we have the flexibility to develop half-cycle opportunities and our lowest-cost drilling locations to keep gas production stable and generate significant free cash flow.
Focused on lowering operating costs paired with flexibility in our budget, Ember will capitalize on 1,100 behind pipe re-completions and 5,200 potential drilling locations to support current production levels and future growth in the Horseshoe Canyon fairway.
STRONG PARTNERS, EXCEPTIONAL ASSETS
Ember Resources Inc. is a private Canadian company in financial and strategic partnership with Brookfield Capital Partners Ltd., a global alternative asset manager with over $250 billion in assets under management.
Exceptional assets and operational efficiencies position Ember for continued expansion of its free cash flow model at attractive economic returns through:
- Large scale/low decline assets
- Large inventory of low risk expansion opportunities.
- Operated assets with high working interest
- Track record of accretive acquisitions
- Reliable access to capital
- Strong management team
Long term development, with low risk and low cost drilling, low production decline rates and long reserve life of 25-30 years.
- 100% focus on coalbed methane
- #1 CBM producer in Canada