Black Swan Energy Ltd. is a Calgary, Alberta-based exploration and production company formed in 2010 focused on the exploration and development of proven hydrocarbon trends in the Western Canadian Sedimentary Basin. The company’s strategy is to create value through the application of advanced drilling, completion and production technologies to early-entry positions.
Since its formation, the company has brought together a substantial portfolio of liquids-rich natural gas in the Montney and Duvernay formations which they are actively de-risking and preparing for sustained, repeatable production.
The management team is led by CEO David Maddison and COO Marc Mereau, both of whom spent approximately 30 years at Talisman Energy and its predecessors. At Talisman they held senior leadership roles supporting the development of key North American plays.
Warburg Pincus led a line of equity financing to Black Swan in March 2011 and December 2013.