# Altura Energy Altura Energy is an Asset Manager based in Calgary, Canada. ## Overview - **Organization type:** Asset Manager - **Headquarters:** Calgary, Canada - **Region:** North America - **Address:** Calgary, AB, Canada - **Founded:** 2012 - **Assets under management:** Undisclosed - **Website:** alturaenergy.ca ## Regulatory record - **Reports private funds:** No ## About Altura Energy was founded in 2012 by CEO Jon Chatfield, a geologist with prior experience building and selling a public junior oil producer. The company listed on the TSX Venture Exchange that same year, raising capital to assemble a land position in the west-central Alberta Cardium formation. It targets the Pembina and Willesden Green light-oil fairways, where multi-stage fractured horizontal wells have delivered economic rates of return even through the commodity-price volatility that followed the 2014 downturn. Altura's technical strategy is built on a factory-drilling model within a defined geographic corridor. The company drills long-reach horizontals into the Cardium sandstone, using multi-stage fracturing to unlock oil that conventional vertical wells missed. Its asset mix is concentrated — predominantly light oil with associated natural gas and NGLs — and its value proposition rests on repeatable results and capital discipline rather than a diversified portfolio. Altura has periodically supplemented organic drilling with tuck-in acquisitions of nearby producing wells to consolidate operatorship and lower per-barrel costs. In 2019, Altura was acquired by privately held Wolverine Energy, with Chatfield and the technical team continuing to lead the operations. This transaction converted Altura from a public micro-cap to a private operating division, eliminating the costs of public-company compliance while preserving the geological team that had generated the original prospect inventory. The firm operates from a head office in Calgary, Alberta, with field operations concentrated in the Drayton Valley–Pembina area. Altura's structural differentiator is its single-formation focus. Where larger intermediate producers spread capital across multiple basins — the Montney, the Duvernay, the Deep Basin — Altura's entire thesis rests on one rock layer in one corner of west-central Alberta. That narrow aperture means lower G&A overhead, faster cycle times on drilling decisions, and a technical edge that generalist operators cannot match on the same acreage. ## Sectors - Energy Transition & Renewables ## People - Jon Chatfield — President & CEO - David Burghardt — Vice President, Engineering - Dale Miller — Vice President, Exploration ## Questions ### Who leads the technical team at Altura Energy? Jon Chatfield serves as President and CEO, a role he has held since founding the company in 2012. David Burghardt oversees engineering as VP, while Dale Miller leads exploration. Chatfield's background as a petroleum geologist shaped the company's tight focus on the Cardium play, where he had previously mapped prospectivity before Altura's inception. ### What is Altura Energy's primary asset and where is it located? Altura's operations are concentrated in the west-central Alberta Cardium formation, specifically the Pembina and Willesden Green light-oil fields near Drayton Valley, Alberta. The company drills horizontal wells into this sandstone reservoir using multi-stage hydraulic fracturing to produce light oil, associated natural gas, and natural gas liquids. ### Is Altura Energy publicly traded? Altura Energy was originally listed on the TSX Venture Exchange following its 2012 founding, but in 2019 the company was acquired by Wolverine Energy, a privately held energy infrastructure company. Since that transaction, Altura has operated as a private division rather than a public reporting issuer, retaining its Calgary-based management team. ### How does Altura Energy approach acquisitions? Altura supplements its organic drilling program with tuck-in acquisitions of producing wells and undeveloped land within its existing Cardium fairway. These deals aim to consolidate operatorship, reduce per-unit operating costs, and capture additional drilling locations that fit the factory-drilling model. The company has not pursued acquisitions outside its core Pembina-area focus. ## Related profiles - [American Battery Materials](https://altss.com/profile/american-battery-materials-inc) - [LiqTech International](https://altss.com/profile/liqtech-international-inc) --- Last updated: 2026-06-03T20:00:00.000Z Canonical page: https://altss.com/profile/altura-energy-corp Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology