| Country | Million barrels per day | Share of world total (2022) |
|
United States |
20.21 |
20% |
|
Saudi Arabia |
12.14 |
12% |
|
Russia |
10.94 |
11% |
|
Canada |
5.70 |
6% |
|
China |
5.12 |
5% |
|
Iraq |
4.55 |
5% |
|
United Arab Emirates |
4.24 |
4% |
|
Brazil |
3.77 |
4% |
|
Iran |
3.66 |
4% |
|
Kuwait |
3.02 |
3% |
|
Total top 10 |
73.36 |
73% |
|
World total |
99.89 |
|
See www.eia.gov
Canada’s energy sector is highly regulated, protecting the environment and the people who live in it.
A company’s oil and gas reserves are its primary assets.
These underground reservoirs can be exploited using existing wells and infrastructure, or additional drilling and infrastructure expansion can be used to speed up and obtain larger production volumes for greater profitability.
In Calgary, the quantity and value of oil and gas reserves are rigorously assessed by specialized companies such as Sproule, McDaniel’s, and Deloitte.
The company’s management team includes engineering, geology, accounting and legal professionals, each with 20+ years of experience in the oil and gas industry. With deep roots in the Western Canadian energy sector, we can capitalize on development asset opportunities that others don’t see.
Long-term vision can only be capitalized on with discipline. We understand the oil markets – not just next year, but the next decade and more. We build our deals, our developments and our projects to generate value over time. Many companies suffer from undisciplined leadership which jumps from decision to decision, often succumbing to the volatility of the market – a self-fulfilling prophecy.
They failed to understand the cycle.
A disciplined focus on long-term solutions and growth acquisitions.
Discover our vision for Canada’s energy future.
A disciplined long-term strategy requires patience. During the uncertain turns of the oil market cycle, with challenging commodities like pipeline constraints or environmental concerns which restrict how much work can be done viably, we count on our knowledge of the cycle’s return to certainty. We position and acquire assets to take advantage of market change.
Cantiko remains confident through patience.
Worry free and overcoming limitations.
To overcome limitations requires creativity. Shifting the energy paradigm to out-perform peers is no easy feat. Our approach to combining technology, strategic and synergistic investment, efficiency improvements, and exploiting greater stability through long-term planning, is not a difference in degree — but a difference in kind. Unfortunately for our peers, paradigm shifts don’t happen by degrees.
Cantiko remains vital, through creativity, shifting the paradigm on limitation.
An obsession with challenging norms generates creativity.
We’re shifting paradigms one limitation at a time.
To profit from a shifting paradigm requires wisdom. An experienced team with demonstrable capacity in structuring complex deals, technology, with an understanding of the Western Canadian market.
New projects are focused on low-risk oil and natural gas assets that have predictable cash flows and the potential to expand operations.
Wisdom and wealth in all things.
One cycle at a time.
