Duvernay Energy Corp.
Duvernay Energy (“DEC”) is an operated, private subsidiary of Athabasca (owned 70% by Athabasca and 30% by Cenovus Energy Inc.). The company is a pure play company that is self-funded with flexible development. Within DEC, we produce light oil and liquids-rich natural gas from unconventional reservoirs. We hold a significant interest in the Duvernay at Greater Kaybob.
There has been over 1,000 wells drilled in the area in the past 10 years, including many on existing DEC lands, providing for a unique low risk development outlook. We own and operate strategic regional infrastructure which provides direct access to end markets.