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Eurogas explores for oil and gas in Spain and Tunisia. Eurogas Corporation controls Escal, which operates the Castor underground natural gas storage project. The project involves converting the Amposta, an abandoned oil field, to a facility with a storage capacity of 67 billion cu. ft. of gas, which will supply up to one third of the country's natural gas. Eurogas also has a 45% interest in an exploration permit looking for oil and natural gas in a 1 million acre block in Tunisia's Bay of Gabes. Eurogas Corporation works with Texas-based Anadarko Petroleum to explore the region. Eurogas is majority owned by Canadian merchant banking and financial services group Dundee Corporation.

EV Energy Partners is a natural gas and oil exploration and production company, which operates in the Appalachian Basin, primarily in West Virginia and Ohio, as well as in Louisiana, Michigan, Oklahoma, and Texas. In 2007 EV Energy Partners reported estimated proved reserves of 250 billion cu. ft. of natural gas and 4.5 million barrels of oil. Its base in the Appalachian Basin puts EV Energy Partners in close proximity to the nation's major consuming markets, allowing for stronger pricing power. EV Energy Partners was formed in 2006 by Canadian energy industry investment group EnerVest, which owns 71% of EV Energy Partners' general partner.

Excelsior Energy hopes to excel in producing oil from the vast bitumen sand deposits of Western Canada. Excelsior Energy Limited has a working interest in two prospective oil sands leases: Hangingstone and West Surmont, in the Athabasca oil sands of Alberta. Excelsior Energy's business model is to produce oil in-place using on-site thermal units, rather than the traditional model of transporting oil sands to a central processing plant. By 2009 Excelsior Energy Limited had done significant exploration drilling and found that Hangingstone could recover bitumen on an experimental basis, producing a maximum of 1,000 barrels of bitumen per day. Excelsior Energy plans to begin commercial production in the Hangingstone Project in 2011.

Fairborne Energy (formerly Fairborne Energy Trust) holds oil and gas investments in Western Canada. Fairborne Energy Ltd. has oil assets in central Alberta and gas properties in west-central Alberta. In 2005 Fairborne Energy Ltd. was converted to Fairborne Energy Trust and a junior exploration company, Fairquest Limited. Fairborne Energy Ltd. owns more than 229,930 net acres of undeveloped land and has proved and probable reserves of 50.7 million barrels of oil equivalent. In 2004 Fairborne Energy acquired land assets from BP Canada and exploration and production company Case Resources. In 2007 the trust acquired total control of Fairquest and became Fairborne Energy.

FairWest Energy, formerly Fairstar Explorations, is currently being steered by the fair winds of oil and gas exploration. FairWest Energy Corporation was exploring for precious metals at the Fenelon Property (38%-owned) located in northwestern Quebec, but the company disposed of those operations in 2005. (The company sold its West African mining assets in 2004.) In 2005 FairWest Energy Corporation bought Western Energy's oil and gas exploration business (located in Alberta and Saskatchewan), becoming a new entity called FairWest Energy. In 2007 and 2008FairWest Energy Corporation reported about 100 drilling locations on 72,640 undeveloped net acres and production of 528 barrels of oil equivalent per day. In 2008 FairWest Energy Corporation acquired private Canadian oil firm ExploreCo Energy Inc

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