July 21, 2017 5:08 AM ET

Oil, Gas and Consumable Fuels

Company Overview of Progress Energy Resources Corp.

Company Overview

Progress Energy Resources Corp. engages in the acquisition, exploration, development, and production of oil and natural gas properties in Canada. The company focuses on natural gas and light oil projects in the Foothills region of northeast British Columbia and the Deep Basin of northwest Alberta. It has 1.9 trillion cubic feet of proved plus probable company interest reserves on a total land position of 1.25 million net acres. The company has a strategic partnership with PETRONAS, to develop Montney shale assets in the Altares, Lily, and Kahta areas in the Foothills of northeast British Columbia. Progress Energy Resources Corp. was founded in 1997 and is headquartered in Calgary, Canada. Pr...

205-5th Avenue SW

Suite 1200

Calgary, AB T2P 2V7


Founded in 1997

142 Employees





Key Executives for Progress Energy Resources Corp.

Chief Financial Officer and Senior Vice President of Finance
Executive Vice President of Exploration & Development
Senior Vice President of Production & Facilities
Compensation as of Fiscal Year 2017.

Progress Energy Resources Corp. Key Developments

Progress Energy Resources Corp. Presents at CAPP Scotiabank Investment Symposium, Apr-12-2017 01:40 PM

Progress Energy Resources Corp. Presents at CAPP Scotiabank Investment Symposium, Apr-12-2017 01:40 PM. Venue: Delta Toronto, 75 Lower Simcoe, Toronto, Canada. Speakers: Mark Fitzgerald, President & CEO.

Progress Energy Canada Ltd. and Pacific NorthWest LNG Announce Executive Changes

Progress Energy Canada Ltd. (PECL) and Pacific NorthWest LNG (PNW LNG) announced the appointment of Mr. Anuar Taib, EVP and CEO PETRONAS Upstream as Chairman of the Board of both PECL and PNW LNG. Mr. Michael Culbert will step down from day to day responsibilities as President of PNW LNG and continue with his leadership position with PECL as President and CEO. Mr. Culbert will also continue to serve as a Director on the Boards of both PECL and PNW LNG. Mr. Culbert has also been appointed the PETRONAS Country Chair for Canada with oversight responsibilities for PETRONAS activities. Mr. Adnan Zainal Abidin is appointed President and CEO of PNW LNG. Mr. Zainal Abidin has spent his career with PETRONAS and brings the LNG project management and construction expertise required for the next phase of the Pacific NorthWest LNG project.

Progress Energy Resources Corp. Presents at CAPP Scotiabank Investment Symposium, Apr-13-2016 09:40 AM

Progress Energy Resources Corp. Presents at CAPP Scotiabank Investment Symposium, Apr-13-2016 09:40 AM. Venue: Delta Hotel, 75 Lower Simcoe Street, Toronto, Ontario, Canada. Speakers: Michael Robert Culbert, Director , Chief Executive Officer of Progress Energy Ltd - Administrator, President of Progress Energy Ltd - Administrator, and Director of Progress Energy Ltd - Administrator.

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Recent Private Companies Transactions

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