SaskWorks Venture Fund

Caltex Resources is a private junior oil and gas exploration company that operates primarily in Canada's Western Sedimentary Basin. Established in 2006, Caltex focuses on exploiting low-geological risk opportunities with significant hydrocarbon accumulations. Its production operations are concentrated in the Lloydminster region, where it extracts heavy oil, and in the Deep Basin, where it produces tight gas and natural gas liquids (NGLs). Caltex employs enhanced oil recovery techniques such as polymer and carbon dioxide injection to extract hard-to-reach oil reserves efficiently and extend the lifespan of its fields. As of August 2010, Caltex's production was approximately 8,000 barrels of oil equivalent per day (BOEPD), with a strategic emphasis on maintaining low operational costs.

TriWestern Energy Corp. is a private exploration and production company focusing on conventional heavy oil in western Canada. Senior management team with deep experience in heavy oil operations. TriWestern was acquired by Caltex Resources Ltd. in 2012.

Avalon Oil & Gas Ltd. is a Calgary-based company focused on the exploration, development, and acquisition of conventional and thermal heavy oil properties in the greater Lloydminster region of Alberta and Saskatchewan. The company prioritizes high environmental, safety, and governance standards in its operations, ensuring responsible management of resources. Through its activities, Avalon aims to provide effective solutions for resource disposition while capitalizing on the opportunities within the heavy oil sector.

Crescent Point Energy is an independent exploration and production company with operations in Canada and the US, focusing on high-return resource plays. Founded in 2001 and headquartered in Calgary, Alberta, the company is engaged in acquiring, exploring, developing, and producing oil and natural gas properties primarily in Western Canada and the United States. With assets in provinces such as Saskatchewan, Alberta, British Columbia, and Manitoba, as well as states like North Dakota, Montana, and Utah, Crescent Point Energy has significant reserves of oil and natural gas, positioning itself as a key player in the energy sector.