PanGeo’s Kew Block Leases sit in the Turner Valley area of southern Alberta, roughly 20 km (12 miles) southwest of Calgary — the jurisdiction that produced Canada’s first major oil discovery in 1914 and remains one of the most active, best-serviced petroleum corridors in North America.
The lands are directly adjacent to the historic Turner Valley oilfield, a legacy pool with roughly 1.3 billion barrels of oil in place, and connect by an owned pipeline straight into Canadian Natural Resources’ (CNRL) Turner Valley processing facility. Stable royalty regime, year-round road access, and a mature regulator — the geology is the exploration story; the jurisdiction is not one of the risks.