Welcome to Teine Energy
We are a private Calgary based company focused on acquiring and developing low cost, scalable, concentrated large oil-in-place assets that offer long-term organic growth. Our strong track record of disciplined capital allocation has driven top quartile per share growth and total shareholder returns.
Our Purpose
We strive to deliver best-in-class returns to our shareholders while enriching our communities through the contributions and development of our extraordinarily talented people.
Focused |
Invest in scalable, low geological risk, geographically concentrated oil assets torqued to cost and technological improvements. |
Growth |
Long term full-cycle profitability. Debt adjusted reserve and production per share growth. NAV driven, not distracted by short term accretion. |
Balance Sheet |
Conservative leverage, liquidity preservation, hedging program aligned with sustaining capital requirements. |
Operations |
Strive to be the low-cost operator. Maintain operatorship, control infrastructure and leverage technology to continuously minimize capital and operating costs, while maximizing oil recovery. |
Shareholders |
Disciplined capital allocation driving per share growth and total shareholder returns. Maximize value through the entire business cycle – long-term thinking. |
Employees |
People are our most important resource and we are focused on attracting, retaining and training top talent. Committed to the health and safety of our employees and contractors. |
Community |
Committed to enriching the communities in which we operate by supporting employee led volunteering as well as charities focused on education, family, children and amateur sport. Building partnerships with communities, service providers and governments. Our activities must create a net benefit for all of our stakeholders. |
Environment |
Committed to protecting the environment surrounding the communities in which we operate. Strive to exceed industry standards. Committed to gas conservation and the reduction of fugitive emissions. Proactively manage abandonment liabilities. |
Integrity |
Be honest, candid and direct, do what’s right. Embrace accountability and transparency of results. |
Teamwork |
Help each other "be great". Listen, hear and treat people with respect. |
Passion |
Set out to have an impact every day and celebrate our success. |
Innovation |
Strive for continual improvement, always be learning. Great things never come from comfort zones. |
Humility |
Root out complacency. |