We are Canada’s largest producer of coalbed methane (CBM) with over 300 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 the only 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 2.2 million net acres (over 2..6 million gross acres) of assets and over 9,800 wells, Ember produces over 300 million cubic feet per day of sweet, clean, dry natural gas.
FREE CASH FLOW AND STABLE PRODUCTION
We believe Ember has the best leverage to natural gas price recovery in Canada. Ember is ideally positioned to continue expanding its free cash flow model supported by low decline rates 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, even in a low gas price environment.
Focused on lowering operating costs paired with flexibility in our budget for growth, Ember will capitalize on future growth opportunities through 3,300 potential drilling locations, of which 400+ have surface leases already acquired, and exploit the consolidating trend in the Horseshoe Canyon fairway.
STRONG PARTNERS, EXCEPTIONAL ASSESTS
Ember Resources Inc. is a private Canadian company in financial and strategic partnership with Brookfield Asset Management, a global alternative asset manager with over $200 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
- #4 CBM producer in the World
- #12 natural gas producer in Canada