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Novus Energy Inc.
Upstream Oil & Gas
/ Calgary
Alberta
Suite 1700, 700 4th Avenue SW
T2P 3J4
www.novusenergy.ca
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#EN1855

Description

Novus Energy Inc. is a Canadian upstream oil and gas exploration and production company wholly owned by Yanchang Petroleum International Limited since January 2014. Originally incorporated in 1998 as Regal Energy Ltd. and renamed Novus Energy Inc. in August 2009, it was formerly listed on the TSX Venture Exchange (TSXV: NVS) until its delisting upon acquisition. The company focuses on the acquisition, exploration, development, and production of crude oil, natural gas liquids, and natural gas across western Canada, operating under the principle of "stabilising production and increasing efficiency". In H1 2025, Novus reported cumulative net oil and gas production of 263,000 BOE with sales revenue of CAD 16.4 million.

Operations

Area Location Activity
Area Location Activity
Dodsland area Southwest Saskatchewan Crude oil production (primary area)
Wembley area Northwest Alberta Oil and natural gas production
Provost area East-central Alberta Oil and natural gas production

Key Metrics (H1 2025)

Metric Value
Net oil & gas production 263,000 BOE
Sales revenue CAD 16.4 million
Cost savings achieved CAD 567,000 (est. annual CAD 1.96 million)
Natural gas sales 58,700 BOE (97% of target)
Undeveloped land (at acquisition) ~166,000 net acres
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  UserPic Novus Energy Inc. is a Canadian upstream oil and gas exploration and production company 4/8/2026
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Added by UserPic   Kokel, Nicolas 4/8/2026 3:38 PM