Business Strategies

Angle’s technically-driven growth strategy has achieved strong success over multiple years of drilling. Our approach is to identify large resource-in-place opportunities, typically in overlooked areas, using technical work and exploratory drilling, with a primary focus on the highest-value light oil and liquids-rich gas opportunities. The Company gains strategic land positions with high working interests – preferably at 100% – through a mix of farm-ins, Crown sales and acquisition.

The Company’s experienced technical team transforms resources-in-place into proved reserves through development programs using horizontal wells completed with multi-stage fracturing. This approach has generated successful growth plays across Angle’s portfolio of assets, including Viking and Cardium light oil, Mannville condensate/gas, high-rate Wabamun gas and liquids-rich Deep Basin gas. Angle’s portfolio contains a horizontal drilling inventory numbering hundreds of future well locations. Internally generated growth is complemented by carefully selected acquisitions that gain a strategic presence with running room, such as the creation in early 2010 of Angle’s Edson core area in the Deep Basin.

Angle’s growth as mid-cap producer includes a strong focus on maximizing on-stream capital efficiencies and maintaining low operating costs per boe of production. We strive to maximize per boe netbacks in conjunction with growth in production on a per-share basis, ensuring genuine value-creation.