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Business Units

Petrobank knows that a strong asset base is key to a successful energy company. We have attained this by leveraging our effective business structure, made up of three units - PetroBakken, Whitesands and Archon.

Archon Technologies

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Innovative Solutions for Heavy Oil

Archon, our wholly owned technology subsidiary, is at the forefront of in-situ combustion research and development. At Petrobank, our efforts have always been focused on pioneering new and improved methods of finding and producing oil. Archon perpetuates this philosophy by working diligently to protect, extend the life of and commercialize our THAI® and CAPRI® patents.

THAI® is an evolutionary in-situ combustion technology that combines horizontal production wells with vertical air injection wells to efficiently produce upgraded oil from bitumen and heavy oil resources. CAPRI® is a complimentary technology to THAI® that further upgrades the produced oil in-situ by gravel-packing a refinery catalyst around the horizontal production wells.

Archon Technologies

With significant heavy oil and bitumen resources located throughout the world, Archon is positioned to expand globally as we possess a leading-edge, thermal production technology in THAI®.

To learn more about Archon, please visit www.archontechnologies.ca.

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