Harvard Energy Partnership and Harvard Resources Inc. are petroleum and natural gas exploration and production companies based in Calgary, Alberta. The ownership, between the Hill family of Regina, Saskatchewan and a private investor of San Diego, California, was formed in 1982 with the acquisition of Tenneco Oil of Canada Ltd. Harvard Energy currently produces approximately 5 million cubic feet per day of natural gas and 400 barrels per day of crude oil and natural gas liquids. Reserves and production are primarily in Alberta, with lesser interests in British Columbia and Saskatchewan.
Harvard Resources Inc. owns a 9.1% working interest in the Weyburn Unit which is located in SE Saskatchewan and produces approximately 2,000 barrels per day of crude oil net to Harvard. Production from the Weyburn Unit is enhanced through the injection of carbon dioxide recovered from Dakota Gasification Company’s Great Plains Synfuels Plant in Beulah, North Dakota and from SaskPower’s Boundary Dam coal fired electrical generating station in Saskatchewan. Approximately three million tonnes of CO2 each year is injected deep underground for storage rather than into the atmosphere - the equivalent to taking about 650,000 cars off the road for one year.
THE HILL COMPANIES
Harvard Energy is a proud subsidiary company of The Hill Companies. Founded in 1903, The Hill Companies have prospered through more than a century of dramatic changes in business lines, and economic and political cycles.
Under the leadership of 3rd generation family owner Paul J. Hill, The Hill Companies are a family-owned and operated enterprise & are one of the largest owners and managers of commercial and retail properties, controlling in excess of 10 million square feet across Western Canada and southern U.S.
In addition to their real estate portfolio, the Hill Companies have successfully grown and diversified their business over the years into the areas of insurance, broadcasting, oil and gas, and manufacturing.