Hydro Vault Energy Inc. (“Hydro Vault” or the “Company”) has engaged Sayer Energy Advisors to assist it with the sale of the shares of the Company.
Hydro Vault is a junior oil and natural gas company with oil and natural gas interests located in the Greater Golden Spike area of Alberta (the “Property”).
The Company also has a Class 1B disposal well and facility located at 13-23-051-27W4 at Golden Spike licensed for injectivity of up to 450 m3/d.
Average daily production net to Hydro Vault from Golden Spike for the first quarter of 2026 was approximately 50 bbl/d of oil. After recent workovers, production increased to approximately 60 bbl/d of oil. There is an additional 300 boe/d (90 bbl/d, 1.3 MMcf/d) of shut-in production which is suspended due to the shut-in of the Tidewater Midstream and Infrastructure Ltd. Acheson natural gas plant.
Hydro Vault is forecasting total operating income of $600,000 for the year ended December 31, 2026.
As at December 31, 2025, Hydro Vault had no bank debt, positive working capital and as at April 30, 2026, total tax pools of approximately $16.8 million including $7.0 million in non-capital losses.
As of June 10, 2026, the Property had a deemed liability value of $5.4 million ($4.0 million on wells; $1.4 million on facilities).
Hydro Vault prepared an internal reserves evaluation of the Property (the “Reserve Report”). The Reserve Report is effective July 1, 2026 using an average of GLJ Ltd., McDaniel & Associates Consultants Ltd., and Sproule ERCE’s forecast pricing as at July 1, 2026. Hydro Vault estimated that, as at July 1, 2026, the Golden Spike property contained remaining proved plus probable reserves of 729,000 barrels of oil and natural gas liquids and 2.6 Bcf of natural gas (1.2 million boe), with an estimated net present value of $6.1 million using forecast pricing at a 10% discount.
Summary information relating to this divestiture is attached to this correspondence. A package of more detailed confidential information will be sent to any party executing a Confidentiality Agreement (copy attached).
Cash offers relating to this process will be accepted until 12:00 pm on Thursday, September 17, 2026.
For further information please feel free to contact: Ben Rye, Sydney Birkett, or Tom Pavic at 403.266.6133.
This article is sponsored content, written and paid for by the advertiser. We do not endorse or take responsibility for the accuracy of the information presented. It has not been reviewed by our editorial team, and the opinions expressed are solely those of the sponsor.