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Wembley Facility

Wembley Facility — oil & natural gas project

topazenergy

Data compiled from public filings — information only, not investment advice. AI‑assisted; see methodology.

Project information

As at 31 December 2025

Type: Processing Facility

Aggregation level: Asset

Status: Operating

Report standard: -

Ownership %: 50

Operator: No

Operator name: Tamarack Valley Energy Ltd.

Interest type: -

Interest rate: -

Extraction: Processing Facility

Country: Canada

Region: Alberta

Geological province: Western Canadian Sedimentary Basin

Facility kind: Gas Processing

Licensed capacity: 15

Capacity unit: mmcf

Capacity period: Per Day

Capacity kind: Nameplate

Interest conditions: Approximately 50% non-operated ownership interest; acquired July 31, 2023 as part of a $39.5 million royalty and infrastructure acquisition that also added royalty interests over approximately 17,000 gross acres and amended certain contractual terms under an existing Tamarack royalty agreement; the interest acquired was a 49.9% non-operated working interest in the newly constructed and commissioned facility; supported by a long-term fixed take-or-pay commitment under the Wembley Facility Agreements entered into July 26, 2023; Tamarack has agreed to incur the operating and maintenance capital expenditures during the term of the volume commitment agreement; committed volume and fixed fee not disclosed

Description

As at 31 December 2025

Sweet natural gas processing facility with a nameplate capacity of 15 MMcf/d and an associated crude oil battery of approximately 1,500 Bbl/d, located in the Peace River High operating area and commissioned by Tamarack in 2023. The interest was acquired as part of a combined royalty and infrastructure transaction that paired the facility with new royalty acreage in the same area. The facility is supported by a long-term fixed take-or-pay commitment and Tamarack carries operating and maintenance capital during the commitment term, so Topaz's exposure is limited to contracted fee income.

Processing facilities

As at 31 December 2025

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