- CEO
- Sonny Chew
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- Address
- 1030 West Georgia Street Vancouver BC Canada V6E 2Y3
- IPO Date
- Oct 26, 2009
- Business
- Pacific Paradym Energy Inc. (PPEVF) is a junior oil and gas company engaged in the acquisition, exploration, and development of oil and gas properties in North America; it holds a 25% participating interest in select properties and focuses on generating earnings through production and asset development. The company, incorporated on March 25, 1981, under the laws of British Columbia, maintains its headquarters and registered office at Suite 905, 1030 West Georgia Street, Vancouver, BC, V6E 2Y3, Canada, with operations primarily in Canada and broader North American markets targeting energy sector investors and partners. Its core activities encompass upstream exploration and development services, including property evaluation, drilling participation, and resource assessment, without specified brands or diversified segments beyond oil and gas.
In a significant strategic shift, the company changed its name to Olivier Ventures Inc. on February 28, 2023, and is actively transitioning from oil and gas operations to exploring new business opportunities across various sectors. Most recently, on October 23, 2025, Olivier Ventures closed a revised non-brokered private placement financing raising $183,500 through 9,175,000 units at two cents each, alongside debt settlements totaling up to $1,115,000 via 22.3 million shares at five cents per share, enhancing its capital structure and creating new insiders including 1691 Ventures Inc. with 10.09% ownership and director Trent Hunter holding 14.2%. Proceeds support pursuit of new ventures, general working capital, and third-party debt payments, with no finder's fees or investor relations allocations, reflecting a pivot from legacy energy assets amid stagnant performance evidenced by zero one-year returns as of October 31, 2024.