Manitok is a public oil and gas exploration and development company focusing on conventional oil and gas reservoirs in the Canadian foothills along with heavy crude oil in east central Alberta. The lower risk profile and higher operating netbacks of heavy crude oil are a great compliment to the high impact growth opportunities present in the foothills. The combination of the two provide Manitok with a more stable growth platform which is less sensitive to the wide swings of the natural gas price cycle. In order to achieve success in the foothills, Manitok has assembled a technical staff whose expertise is extensive. With over 89 years of combined experience in the foothills, our technical team provides the company with a distinct competitive advantage in assessing the multitude of opportunities available in such an under exploited region as the Canadian foothills.
While many companies are actively pursuing unconventional opportunities, Manitok has taken a contrarian approach to avoid the cost pressures associated with such fierce competition by focusing on under developed conventional plays in the foothills. With ample infrastructure now in place in the foothills, the next natural phase of development is to exploit the shallower horizons. Manitok has positioned itself to be an "early mover" in this stage of development in order to maximize its potential for growth.