Integrity Oil Operations Ltd. Lists Shares for Sale Through Sayer Energy Advisors

Integrity Oil Operations Ltd., a debt-free junior oil and natural gas company, has put its shares up for sale through Sayer Energy Advisors. The company operates assets in the Lloydminster area of Saskatchewan, with a focus on heavy oil. As of June 30, 2026, the properties generated an average daily production of approximately 176 boe/d, consisting of 170 bbl/d of oil and natural gas liquids and 38 Mcf/d of natural gas.

The operating income for the six months ended June 30, 2026 was around $1.4 million. However, as of September 8, 2026, the Alberta properties had a deemed liability value of $354,135, while the Saskatchewan properties had a deemed liability value of $2.5 million.

A recent reserves evaluation by Trimble Engineering Associates Ltd. estimated that the properties contained remaining proved plus probable reserves of 752,000 barrels of oil and natural gas liquids and 68 MMcf of natural gas (763,000 boe), with an estimated net present value of $6.7 million using forecast pricing at a 10% discount.