Invest in Canada's largest unconventional oil resource

Smart Oil, Bold Future

Emergin' Sturgeon

B-32 Exploration presents a rare opportunity to access the Duvernay Formation, Canada’s largest unconventional oil resource from its strategic position in the Sturgeon Lake Basin. Located at the northernmost reach of the 600 km Duvernay oil trend and adjacent to the prolific Kaybob development, Sturgeon Lake shares the same world-class reservoir characteristics that have attracted the country’s leading producers.

To date, 13 wells have been drilled into the pool, confirming 3.5 billion barrels of oil in place — light, sweet, and over-pressured 41° API gravity oil. B-32 controls 230 sections of Crown land, representing over 50% of the pool’s surface area. This land package supports a high-quality drilling inventory of up to 400 locations, with consistent net pay exceeding 15 meters. Full-field development is expected to support scalable production of over 20,000 barrels per day.

Still early in the development cycle, the project is positioned to deliver exceptional capital efficiency and long-term value creation. With a lean private structure, B-32 Exploration is uniquely positioned to offer strategic partnerships aligned to shared growth, discipline, and upside.

Emerging basin. Major volume. Real growth.

That’s the Emergin’ Sturgeon.

About B-32 Exploration

B-32 Exploration is a privately held energy company headquartered in Calgary, Alberta. As a first mover in the Sturgeon Lake Basin, B-32 offers a rare opportunity for early entry into a high-impact, scalable Duvernay light oil development.

The company controls 230 sections (147,000 acres) of Crown land, with over 400 potential drilling locations. The basin has been de-risked by 13 producing Duvernay wells, confirming the reservoir’s quality and laying the foundation for a highly economic, full-scale development.

B-32 is led by a seasoned board and management team with a proven track record in building and operating successful oil and gas ventures across Western Canada. With the right land, the right resource, and the right team, B-32 is positioned to unlock significant value from one of Canada’s most promising untapped oil plays.