Exploration & Production

Progress Energy has production and resources focused in two of the premier areas of the Western Canadian Sedimentary Basin; the Deep Basin of Northwest Alberta and the Foothills of Northeast British Columbia.

Progress Energy focuses on two main play types found in both areas; tight gas and Montney shales and silts. The assets are characterized by their multi-zone potential, extensive access to infrastructure and top tier economics due to a high heat content, sweet, liquids rich gas stream. Progress has a growing reserve base of proved plus probable reserves and maintains a material land position in natural gas resource plays.