Daylight Energy is a growth-oriented intermediate oil and gas company that currently declares dividends to shareholders on a monthly basis. Daylight has proven that it can grow through both acquisitions and through drilling. The company has production of over 40,000 barrels of oil equivalent per day and an enterprise value of more than two billion dollars. Daylight is focused on exploiting numerous resource plays on its extensive land base in the Deep Basin of Alberta and north east British Columbia. The company has a balanced mix of crude oil, liquids-rich natural gas and resource play natural gas and has the flexibility to focus our capital investments on the commodity that provides the best economics.
- Proven Growth Ability
Daylight will continue to grow production and reserves through drilling and acquisitions. - Multiple Resource Plays
Daylight uses advanced horizontal drilling and multi-frac completion technology to capitalize on multiple resource plays where the company has dominant land positions. Daylight is active in multiple resource play types for both oil and natural gas that can be found in the following formations: Cardium, Cadomin, Nikanassin, Montney, Bluesky, Notikewin and Wilrich. - Commodity Balance
Daylight has a balanced asset mix between oil, liquids-rich natural gas and natural gas. Daylight has the flexibility to direct capital towards the commodity that provides the best economic return at any given time.
