Trilogy Energy (Paramount Resources)
Oil & EnergyAlberta, Canada51-200 Employees
Trilogy Energy Corp., based in Calgary, Alberta, is a Canadian oil and gas company formed in 2005 through a spinout from Paramount Resources. It converted from an income trust to a corporate structure in 2010. Its asset base is geographically concentrated and comprises low-risk properties with high working interest and relatively low declines, many of which are operated or controlled by Trilogy. The company capitalizes on abundant infill drilling opportunities and on strong access to infrastructure and processing facilities, while advances in horizontal drilling enable development of additional tight gas reservoirs at favorable finding and development costs. Its strategy centers on tight gas reservoirs, leveraging horizontal technology to add low-cost reserves and sustain production growth within its Calgary-based footprint.
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