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Current Offerings / Hydro Vault Energy Inc.
Hydro Vault Energy Inc.
Corporate DivestitureBid Deadline: September 17, 2026
12:00 PM
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OVERVIEW
Hydro Vault Energy Inc. (“Hydro Vault” or the “Company”) has engaged Sayer Energy Advisors to assist it with the sale of the shares of the Company.
Hydro Vault is a junior oil and natural gas company with oil and natural gas interests located in the Greater Golden Spike area of Alberta (the “Property”).
In the Greater Golden Spike area, Hydro Vault holds various working interests in approximately 9 sections of land at Golden Spike and Telfordville, on which there are oil and natural gas wells producing from the Nisku Formation. The Company also has a Class 1B disposal well and facility located at 13-23-051-27W4 at Golden Spike licensed for injectivity of up to 450 m3/d.
Average daily production net to Hydro Vault from Golden Spike for the first quarter of 2026 was approximately 50 bbl/d of oil. After recent workovers, production increased to approximately 60 bbl/d of oil.
There is an additional 300 boe/d (90 bbl/d, 1.3 MMcf/d) of shut-in production which is suspended due to the shut-in of the Tidewater Midstream and Infrastructure Ltd. Acheson natural gas plant.
Hydro Vault is forecasting total operating income of $600,000 for the year ended December 31, 2026.
As at April 30, 2026, Hydro Vault had no bank debt, positive working capital and total tax pools of approximately $16.8 million including $7.3 million in non-capital losses. There are no office lease or severance obligations associated with the Company.
As of June 10, 2026, the Property had a deemed liability value of $5.4 million ($4.0 million on wells; $1.4 million on facilities).
Hydro Vault is a junior oil and natural gas company with oil and natural gas interests located in the Greater Golden Spike area of Alberta (the “Property”).
In the Greater Golden Spike area, Hydro Vault holds various working interests in approximately 9 sections of land at Golden Spike and Telfordville, on which there are oil and natural gas wells producing from the Nisku Formation. The Company also has a Class 1B disposal well and facility located at 13-23-051-27W4 at Golden Spike licensed for injectivity of up to 450 m3/d.
Average daily production net to Hydro Vault from Golden Spike for the first quarter of 2026 was approximately 50 bbl/d of oil. After recent workovers, production increased to approximately 60 bbl/d of oil.
There is an additional 300 boe/d (90 bbl/d, 1.3 MMcf/d) of shut-in production which is suspended due to the shut-in of the Tidewater Midstream and Infrastructure Ltd. Acheson natural gas plant.
Hydro Vault is forecasting total operating income of $600,000 for the year ended December 31, 2026.
As at April 30, 2026, Hydro Vault had no bank debt, positive working capital and total tax pools of approximately $16.8 million including $7.3 million in non-capital losses. There are no office lease or severance obligations associated with the Company.
As of June 10, 2026, the Property had a deemed liability value of $5.4 million ($4.0 million on wells; $1.4 million on facilities).
Overview Map Showing the Location of the Divestiture Property
Corporate Overview
Hydro Vault is wholly-owned subsidiary of Invico Energy Yield LP.
As at April 30, 2026, Hydro Vault had no bank debt, positive working capital and total tax pools of approximately $16.8 million including $7.3 million in non-capital losses. There are no office lease or severance obligations associated with the Company.
Additional corporate information relating to Hydro Vault will be provided to parties that execute a confidentiality agreement.
Hydro Vault is wholly-owned subsidiary of Invico Energy Yield LP.
As at April 30, 2026, Hydro Vault had no bank debt, positive working capital and total tax pools of approximately $16.8 million including $7.3 million in non-capital losses. There are no office lease or severance obligations associated with the Company.
Additional corporate information relating to Hydro Vault will be provided to parties that execute a confidentiality agreement.
GREATER GOLDEN SPIKE
Township 50-51, Range 27 W4 - 2W5In the Greater Golden Spike area, Hydro Vault holds various working interests in approximately 9 sections of land at Golden Spike and Telfordville, on which there are oil and natural gas wells producing from the Nisku Formation. The Company also has a Class 1B disposal well and facility located at 13-23-051-27W4 at Golden Spike licensed for injectivity of up to 450 m3/d.
Average daily production net to Hydro Vault from Golden Spike for the first quarter of 2026 was approximately 50 bbl/d of oil. After recent workovers, production increased to approximately 60 bbl/d.
Hydro Vault performed an acid job on 2 of the 4 producing wells in April 2026 which increased oil production by approximately 15 bbl/d.
There is an additional 300 boe/d (90 bbl/d, 1.3 MMcf/d) of shut-in production which is suspended due to the shut-in of the Tidewater Midstream and Infrastructure Ltd. Acheson natural gas plant.
Hydro Vault is forecasting total operating income of $600,000 for the year ended December 31, 2026.
Average daily production net to Hydro Vault from Golden Spike for the first quarter of 2026 was approximately 50 bbl/d of oil. After recent workovers, production increased to approximately 60 bbl/d.
Hydro Vault performed an acid job on 2 of the 4 producing wells in April 2026 which increased oil production by approximately 15 bbl/d.
There is an additional 300 boe/d (90 bbl/d, 1.3 MMcf/d) of shut-in production which is suspended due to the shut-in of the Tidewater Midstream and Infrastructure Ltd. Acheson natural gas plant.
Hydro Vault is forecasting total operating income of $600,000 for the year ended December 31, 2026.
Golden Spike, Alberta
Gross Production Group Plot of Hydro Vault's Oil Wells
Golden Spike Upside
The Nisku Formation is the primary target across the Company’s lands at Golden Spike.
Production from the Nisku is low-decline with approximately 9% total recovery to date. The Company has performed a waterflood simulation in the Nisku Formation which could increase the recovery factor from 20% to 32%.
The Company has identified 13 horizontal Nisku drilling locations as well as 4 horizontal drilling locations targeting the Mannville Group including the Glauconitic Sandstone, Ellerslie and Wabamun formations.
The Nisku Formation zone of interest is comprised of porous dolomite up to 47 metres thick (with 9 to 12% porosity).
The Nisku Formation is the primary target across the Company’s lands at Golden Spike.
Production from the Nisku is low-decline with approximately 9% total recovery to date. The Company has performed a waterflood simulation in the Nisku Formation which could increase the recovery factor from 20% to 32%.
The Company has identified 13 horizontal Nisku drilling locations as well as 4 horizontal drilling locations targeting the Mannville Group including the Glauconitic Sandstone, Ellerslie and Wabamun formations.
The Nisku Formation zone of interest is comprised of porous dolomite up to 47 metres thick (with 9 to 12% porosity).
Nisku Formation Structure Map
Mannville Group
Glauconitic Net Pay
Mannville Group
Glauconitic Net Pay
Further technical details on the Property will be made available to parties that execute a confidentiality agreement.
Golden Spike Reserves
Hydro Vault prepared an internal reserves evaluation of the Property (the “Reserve Report”). The Reserve Report is effective July 1, 2026 using an average of GLJ Ltd., McDaniel & Associates Consultants Ltd., and Sproule ERCE’s forecast pricing as at July 1, 2026.
Hydro Vault estimated that, as at July 1, 2026, the Golden Spike property contained remaining proved plus probable reserves of 729,000 barrels of oil and natural gas liquids and 2.6 Bcf of natural gas (1.2 million boe), with an estimated net present value of $6.1 million using forecast pricing at a 10% discount.
The Reserve Report will be available in the virtual data room for parties that execute a confidentiality agreement.
Golden Spike Facilities
Hydro Vault has a 100% working interest in 2 main facilities including the central battery and Class 1B disposal facility.
12-23-051-27W4 Central Battery
Design:
Golden Spike Reserves
Hydro Vault prepared an internal reserves evaluation of the Property (the “Reserve Report”). The Reserve Report is effective July 1, 2026 using an average of GLJ Ltd., McDaniel & Associates Consultants Ltd., and Sproule ERCE’s forecast pricing as at July 1, 2026.
Hydro Vault estimated that, as at July 1, 2026, the Golden Spike property contained remaining proved plus probable reserves of 729,000 barrels of oil and natural gas liquids and 2.6 Bcf of natural gas (1.2 million boe), with an estimated net present value of $6.1 million using forecast pricing at a 10% discount.
The Reserve Report will be available in the virtual data room for parties that execute a confidentiality agreement.
Golden Spike Facilities
Hydro Vault has a 100% working interest in 2 main facilities including the central battery and Class 1B disposal facility.
12-23-051-27W4 Central Battery
Design:
- 100 m3/d oil production
- 220 m3/d water production
- 54 e3m3/d gas
- Oil trucked off site (<0.2% BSW)
- Produced water reinjected
- Gas incinerated
Equipment:
Class 1B fluid disposal facility
- 36” X 10’ horizontal separator
- 4 X 750 bbl tanks (internally coated)
- 25hp Grundfos water pumps
- Tank farm recycle pump
- MCC building and PLC and air package
- LP flare on tank vents
Class 1B fluid disposal facility
- Trucking Load Box and meter
- 4 x 750 bbl tanks for water storage
- 1 X 400 bbl tank (oilfield chemical or oil skim)
- H2S solid media gas scrubber
- Filter skid
- Reinjection skid
- Injection pipeline from 13-23 to 11-27 injection well
Golden Spike Liability Assessment
As of June 10, 2026, the Property had a deemed liability value of $5.4 million ($4.0 million on wells; $1.4 million on facilities).
Golden Spike Well List
Click here to download the complete well list in Excel.
As of June 10, 2026, the Property had a deemed liability value of $5.4 million ($4.0 million on wells; $1.4 million on facilities).
Golden Spike Well List
Click here to download the complete well list in Excel.
PROCESS & TIMELINE
Sayer Energy Advisors is accepting proposals relating to this process until 12:00 pm on Thursday, September 17, 2026.
Sayer Energy Advisors does not conduct a "second-round" bidding process; the intention is to attempt to conclude a
transaction with the party submitting the most acceptable proposal at the conclusion of the process.
transaction with the party submitting the most acceptable proposal at the conclusion of the process.
Sayer Energy Advisors is accepting proposals from interested parties until
noon on Thursday, September 17, 2026.
NOTE REGARDING A SAYER PROCESS
On each and every offering brochure generated by Sayer, you will note the sentence “Sayer Energy Advisors does not conduct a “second-round” bidding process; the intention is to attempt to conclude a sale of the Company with the party submitting the most acceptable proposal at the conclusion of the process.” What this means is that Sayer will not go back to multiple parties at the same time after bids are received, asking them all for a second bid. We determine which party submitted the most acceptable proposal and then we attempt to negotiate acceptable terms with that party in a “one-off” situation.
If the process involves a cash sale of a property or company and the party which submitted the most acceptable proposal has met our client’s threshold value, that offer will be accepted. If this proposal does not meet our client’s threshold value, then we will advise that party that the offer is not quite what our client was expecting, and we will ask them to increase the offer. If that offer is not acceptable to our client, we will then move down to the party which submitted the next most acceptable proposal and we will then work with that party to attempt to meet our client’s threshold value.
In the extremely rare circumstance where two or more parties submit virtually identical proposals, we will contact all parties, we will advise them of this situation and we will ask them to submit a revised proposal. Once these are received, we will work with the party which has submitted the most acceptable proposal.If the process involves a cash sale of a property or company and the party which submitted the most acceptable proposal has met our client’s threshold value, that offer will be accepted. If this proposal does not meet our client’s threshold value, then we will advise that party that the offer is not quite what our client was expecting, and we will ask them to increase the offer. If that offer is not acceptable to our client, we will then move down to the party which submitted the next most acceptable proposal and we will then work with that party to attempt to meet our client’s threshold value.
CONFIDENTIALITY AGREEMENT
Parties wishing to receive access to the confidential information with detailed technical information relating to this opportunity should execute the Confidentiality Agreement and return one copy to Sayer Energy Advisors by courier, email (brye@sayeradvisors.com) or fax (403.266.4467).
Included in the confidential information is the following: most recent net lease operating statements, summary land information, the Reserve Report, Liability Assessment and other relevant corporate and technical information.
Download Confidentiality Agreement
To receive further information on the Company please contact Ben Rye, Tom Pavic or Sydney Birkett at 403.266.6133.