A professional team developing oil and gas with proven technology
A team with international and Canadian oil and gas experience, developing Western Canadian resources with practical technology and a long-term partnership mindset.
An independent oil and gas drilling and development company
EVERGO Resources Limited is an independent energy company headquartered in Calgary, Alberta, focused on drilling, developing and operating oil and gas resources in Western Canada.
EVERGO holds a large portfolio of geologically evaluated, quality blocks. Multilateral horizontal wells are our core development method, combining primary production with stimulation to raise well productivity and economics.
Starting from cold heavy oil production, we have entered medium oil development and continue to optimize our portfolio. Alongside our own investment, we partner actively to grow on a rolling basis.
- Head office
- Calgary, Alberta, Canada
- Operating areas
- Alberta · Saskatchewan
- Heavy oil
- Multilateral wells + CHOPS
- Medium oil
- Long laterals + multi-stage fracturing
Managing risk at every step, from evaluation to production
Oil and gas development risk comes from four sources: resource, technology, execution and cost. At every stage we choose the option with greater certainty.
Resource risk
Every block goes through systematic geological evaluation and screening, so resources are well defined.
See related section 02Technology risk
We use technology proven at commercial scale in Canada, not untested new processes.
See related section 03Execution risk
We develop in phases and keep refining our development plans.
See related section 04Cost risk
Strict budget control — our demonstration well came in under budget.
See related sectionFrom entering the heavy oil belt to development at scale
Entering Western Canada’s heavy oil belt
- Secured our first blocks in the heavy oil areas of Alberta and Saskatchewan
- Completed geological evaluation and well planning for the first blocks
Multilateral wells on production
- First multilateral horizontal wells brought on production
- Drilling time and cost both better than plan
- Signed a joint development agreement with a partner
Pad development at scale
- Multi-well pads brought on production one after another
- Entered medium oil development, running two technology routes: cold heavy oil production and medium oil fracturing
Co-developed blocks on production
- Several co-developed blocks brought on production
- Medium oil fracturing project advancing, expected on production between late 2026 and early 2027
- Continuing to grow our resource base and refine the portfolio
To be developedPlanned
- Medium oil project on production, with further development to follow
- Developing planned blocks in phases, in line with funding and market conditions
- Continuing to evaluate held leases and advance them when the case is right
A professional team from major international oil companies
Our core members come from major international oil companies and Canadian oil and gas firms. They have led field evaluations, development plans, drilling and completions and production operations in Canada and abroad, and have taken part in several large oil and gas transactions and joint ventures.
- Major international oil company background
- Canadian oil and gas management experience
- Geology & reservoir evaluation
- Drilling & completions
- Production operations
- Asset evaluation & M&A
Why EVERGO
A strong resource base
A large portfolio of geologically evaluated, carefully screened blocks with well-defined resources.
See related sectionProven technology at scale
CHOPS and multilateral wells have been used at scale in Canada’s heavy oil belt for decades — mature and reliable.
See related sectionEfficient drilling and completion
Short drilling-to-production cycles keep capital working efficiently.
See related sectionDisciplined cost control
Well-by-well budgeting; our demonstration well came in about 12% below budget.
See related sectionA steady growth model
Our own capital combined with partner co-development lets us scale steadily.
See related sectionExperienced team
Core members from major international oil companies, with 20+ years of international and Canadian experience.
See related sectionSeeking long-term strategic partners
We welcome investors, industry partners and neighbouring operators to develop Western Canadian oil and gas with us through project participation, joint ventures or joint development.