About

Targeting low-decline, oil-weighted assets with high IRR drilling inventory

Westgate offers near ground-floor exposure to a pure-play, high-growth junior E&P company focused on the emerging Mannville Stack fairway in Eastern Alberta, targeting known accumulations of medium and heavy oil.

We are pursuing step-change production growth and free cash flow generation in the Mannville play using horizontal multilateral drilling techniques, which is expected by management to yield some of the strongest oil economics across Western Canada*.

Westgate intends to invest capital into production, reserves, and cash flow growth as a mechanism to enhance shareholder returns, differentiating our strategy from many other energy companies that are actively returning capital to shareholders.

*Based on management’s estimates


Strategic Priorities

  • We specialize in identifying untapped, stacked pay opportunities within Eastern Alberta’s oil resources, uncovering hidden value that may have been overlooked or bypassed.

  • Embracing the latest technological advancements, we optimize our operations, enhance efficiency, and create a sustainable cash flow by driving productivity improvements.

  • With a focus on cost efficiencies, we strategically allocate capital to high-value drilling inventory, ensuring optimal resource utilization and minimizing unnecessary expenditures for maximized returns.

  • Our growth strategy revolves around targeted acquisitions and adding and adopting a consolidation approach, enabling us to expand our market presence and enhance operational efficiency.

  • Consistently generating cash flow is at the core of our mission. This strengthens our financial position, fuels expansion opportunities, enhances acquisitions, and delivers significant value to shareholders.

Key Leadership

A collection of serial entrepreneurs and proven company makers

Management

Richard Grafton, Founder and Executive Chairman
Dan Brown, CEO
Nick Grafton, CFA, CFO
Jordan Kevol, COO
Dale CJ Mennis, VP, Corporate Development
Marshall Doig, VP, Development and Production

Board

Richard Grafton, Founder and Executive Chairman
Dan Brown
Art Agolli
Kelly Ogle