Saba Energy Ltd. (TSX:SABA) is an oil and gas company with current operations in Western Canada.
Western Canada
- Production from Boundary Lake and Laprise oil and gas fields
- PDP NPV10 CA$24 Million (50% of above assets as of YE 2024)
- Saba acquired remaining 50% in 2025
Offshore Philippines
Saba has executed an MOU to operate in two fields in the Palawan Basin, subject to raising cash for Saba’s share.
SC54 (60% PI)
- Saba intends to drill in the vicinity of a discovery well which had IP of 15,000 bopd
- If successful, Saba intends to complete a second well, which was drilled and tested in 2010 at 3,000 bopd, with cash from first well
DPPSC Cadlao (52.7% PI)
- 7.3 MMBBLS remaining reserves; produced 11.5 MMBBLS and SI at 1,000 bopd in 1991