Trilogy Energy (Paramount Resources)
Oil and GasAlberta, Canada51-200 Employees
Trilogy Energy Corp. (TET) is a Canadian energy corporation formed through a spinout of assets from Paramount Resources in April 2005. Originally an income trust, Trilogy converted to a corporate structure in February 2010. Trilogy’s geographically concentrated assets are primarily low-risk, high working interest, lower-decline properties that provide abundant infill drilling opportunities and good access to infrastructure and processing facilities, many of which are operated and controlled by Trilogy. Advances made in horizontal drilling and completion techniques have provided Trilogy with the opportunity to confidently exploit additional tight gas reservoirs on its acreage at attractive finding and development costs. Trilogy plans to continue its strategy of capitalizing on its core assets, focusing on tight gas reservoirs where horizontal technology can be used to add low cost reserves and grow production efficiently.
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