JX Energy Ltd

Operating within Alberta, Canada, JX Energy Ltd. is an energy firm specializing in the discovery and extraction of natural gas and crude oil resources. Established in 2005 and headquartered in Calgary, Canada, the company holds ownership stakes in liquids-rich natural gas properties situated in the Alberta Foothills, alongside light oil assets in the Dawson area of the Peace River region. By December 31, 2021, its land portfolio included approximately 50,000 net acres within the Western Canadian Sedimentary Basin. At that time, JX Energy reported net proved reserves of 5,092 thousand barrels of oil equivalent (Mboe), with total net proved and probable reserves reaching 6,937 Mboe. The company, previously known as Persta Resources Inc., officially adopted the name JX Energy Ltd. in June 2022.