Teine Energy is emerging as a major player in Alberta’s Duvernay formation, supported by an expanded land position exceeding 700 sections, more than 10,000 boe/day of reported Carrot Creek production, and 20 horizontal wells recorded in the Drayton Valley region since January 2025. The company has also applied to construct a new Carrot Creek gas processing plant with capacity of nearly 3 million m³/day, creating significant opportunities for drilling contractors, equipment manufacturers, and oilfield service providers.