Canada Oil & Gas

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The Viva Vina Team recently visited Alberta, Canada to meet with several oil and gas production companies. The companies Viva Vina met with hold assets ranging from several million to several billion dollars. A few companies also offer advanced technologies for the production of oil and gas. These companies in Alberta offer investors several opportunities to participate in a booming oil and gas market in Western Canada.

Currently, Canada has about 179 billion barrels of established crude oil reserves, more than any other country in the world except Saudi Arabia. About 173 billion barrels of Canada’s oil reserves – or about 97% – is oil sands. Canada is the world’s seventh-largest producer of crude oil. Canada currently produces close to 2.6 million barrels of crude oil every day. About 1.8 million barrels per day of oil – or about two-thirds of Canada’s production is exported. Oil production is forecast to reach at least 4.0 million barrels per day by 2020. Much of Canada’s oil reserves and production come from the Province of Alberta.

If you have any questions regarding Viva Vina, Inc. and investment opportunities in Alberta please contact the company at [email protected].