- Business
- Decimus Oil Corp. is a Canadian junior oil and gas exploration and production company focused on developing the hydrocarbon potential of the Mannville formation in Southern Alberta; the company is headquartered in Calgary, Alberta, and its shares trade on the TSX Venture Exchange under the symbol WCSB. Founded as a growth-oriented Southern Alberta operator, Decimus develops its assets through acquisition, optimization and drilling programs, with a land position of more than 26,000 gross acres and 16,000 net acres, and it targets the Western Canada Sedimentary Basin through a portfolio of low-decline oil and gas properties and completion-driven resource development. The company’s core activities include oil and gas exploration; seismic surveying; drilling and production; asset optimization; land and reserve development; and the application of high-intensity completion techniques to unlock previously overlooked resources in the Mannville formation. Recent company developments include the termination in February 2026 of its previously announced Bantry asset acquisition in Southern Alberta, along with the related offering and investor relations agreement, after due diligence issues and unmet closing conditions; continued evaluation of other opportunities to expand its land and production base in Southern Alberta; and the reporting of second-quarter 2026 results showing average production of 154 boe/d and revenue of C$643,546. Decimus reported first-quarter 2026 results in June 2026, including production of 165 boe/d, and it previously announced a definitive agreement in October 2025 to acquire strategic oil and gas assets in Southern Alberta before later terminating that transaction. The company serves investors seeking exposure to Canadian upstream oil and gas assets and operates with a stated emphasis on safe, responsible and cost-effective development, supported by a team with more than 100 years of combined experience.