Taylor Hill Exploration Ltd. and Taylor Hill Royalties Ltd. are privately owned Canadian petroleum and natural gas exploration companies located in Alberta, Canada, which conduct exploration and development ventures in the Western Canada’s natural resources industry.
Taylor Hill Exploration Ltd. was incorporated in 1990 under the name ‘414896 Alberta Ltd.’ The company has made investments in exploration activities since its inception including exploration and development drilling, seismic operations and the acquisition of mineral leases. In some cases in the past, the company has undertaken petroleum and natural gas exploration consulting projects and for specific projects the company may continue to take on such consulting projects in the future.
The head office of is located south of Calgary, near Priddis, Alberta, Canada however a second office is maintained in downtown Calgary. Taylor Hill has an experienced management that work with a group of equally experienced oil and gas consultants. In many cases, the company’s consultants participate jointly with the Taylor Hill companies in new exploration activity. The President is Stephan R. Benediktson is a professional geologist with over 33 years’ experience in the petroleum exploration industry.
Over the past eleven years Taylor Hill has done numerous transactions with private and public oil and gas companies in Western Canada. In every case the Taylor Hill Group has retained interests in the plays that were sold. Often these transactions were done with “startups” and the prospect and lease inventory sold by Taylor Hill enabled purchasing companies to raise significant funds from investors wishing to participate in the projects through public financings. For a typical, internally generated prospect, the company acquires a 100% working interest land base on its plays, Taylor Hill and it’s partners market these projects to the industry while retaining an equity interest in some form, prior to further exploration activity (i.e. seismic, drilling, etc.). As of January, 2011, Taylor Hill held an interest in over 258,000 acres of mineral leases and 165 oil and gas wells in Alberta, Canada.
At the current time, Taylor Hill is dedicating corporate efforts in two ways; firstly, towards the generation of oil and gas plays and the acquisition of oil and gas mineral leases on these projects in Alberta, Canada. These efforts have created a number of interesting geological exploration projects. Some information on these prospects can be viewed on this website. Often the company takes share positions in ‘start up’ resource companies which it does transactions with as partial payment.
Secondly, Taylor Hill pursues the acquisition of Gross Overriding royalties and mineral leases primarily in Western Canada.