Our Business

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KUFPEC Australia Pty Ltd (KAPL) has been actively involved in Australian oil and gas, principally in Western Australia, since 1981. KUFPEC’s has working interest as a non-operated partner in the onshore Wheatstone LNG project, offshore gas/condensate WA-49-L, WA-46-L, 47-L, 48-L production licenses, offshore exploration blocks WA-356-P, WA-536-P and KUFPEC is the operator in WA-538-P & WA-539-P permits.

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KUFPEC acquired its equity interest in the Kaybob Duvernay project (“Kaybob Project”) in 2014. The company holds a 30% working interest in the asset, which is predominantly operated by Canadian Natural Resources Limited (CNRL), representing approximately 98% of the acreage. The remaining 2% of the acreage is operated by Whitecap and Sinopec, where KUFPEC holds a variable working interest ranging from 3% to 19%. The Kaybob Project spans more than 300,000 acres in Alberta, Canada, and represents KUFPEC’s first onshore unconventional liquids-rich tight gas asset.