Our vision is a prosperous future full of economic opportunity for generations of Newfoundlanders and Labradorians.

Newfoundland and Labrador’s significant oil and gas potential offers tremendous opportunity for the future of our province.

At OilCo, we focus on attracting new investments to the oil and gas industry in Newfoundland and Labrador and maximizing returns through equity investments—positioning this province as a globally preferred location for development.

We are moving beneficial opportunities forward in the oil and gas industry, acting as stewards of these resources while capturing value at every stage of exploration and development—creating a future full of economic opportunity for generations of Newfoundlanders and Labradorians. We accomplish this through proactive leadership, thoughtful guidance, and investment-grade science, while caring for the environment.