Razor Energy Corp. is a Canadian oil and gas company focused on the acquisition, development and production of heavy oil assets in Western Canada. Headquartered in Calgary, Alberta, the company specializes in thermal enhanced oil recovery techniques, including cyclic steam stimulation and steam-assisted gravity drainage, to maximize production from mature heavy oil reservoirs. Razor Energy’s operations are primarily concentrated in the Lloydminster area of Saskatchewan and Alberta, where it holds significant land positions in proven producing formations.
Since its incorporation, Razor Energy has pursued a disciplined strategy of acquiring low-decline, high-netback heavy oil properties and applying capital-efficient enhancement technologies to improve recovery rates. The company’s asset base includes the Lloydminster thermal project, comprised of multiple thermal recovery units, as well as Midale carbonate assets that offer complementary production potential. Razor Energy emphasizes continuous performance optimization through engineering innovations and cost management initiatives.
Historically, Razor Energy emerged from a series of strategic divestitures and reorganizations aimed at sharpening its focus on heavy oil thermal operations. The company has invested in infrastructure upgrades, pipeline connections and environmental stewardship programs to ensure reliable, sustainable production. Over the years, Razor Energy has built a reputation for extending the economic life of legacy fields and generating stable cash flows through cyclical commodity markets.
Led by a management team with deep expertise in heavy oil development and field operations, Razor Energy is committed to operational excellence and responsible resource management. The company’s leadership emphasizes safety, regulatory compliance and community engagement, working closely with local stakeholders and Indigenous groups. As Razor Energy continues to refine its thermal recovery techniques and pursue targeted acquisitions, it aims to deliver long-term value through steady production growth and efficient asset utilization.
AI Generated. May Contain Errors.
