Headquarters
Suite 1000, 517 10th Avenue SW
Calgary, Alberta T2R 0A8
Canada
About Us
Producing Assets in Western Canada
Rife Resources Ltd. is a private exploration and production company, wholly-owned by the CN Pension Trust Funds, the pension fund for employees of the Canadian National Railway Company.
Rife’s strategy is to acquire producing assets that have good potential for future development.
Rife is named after a small rural community in
North East Alberta.
Our History
Rife Resources Ltd. has been operating since 1982, and manages the assets of Canpar Holdings Ltd. and publicly-traded Freehold Royalties Ltd.
1979
In 1979, a subsidiary of the CN Pension Trust Funds, Canpar Holdings Ltd., and Dome Petroleum jointly acquired all of the shares of Siebens Oil & Gas. The acquisition included a large number of mineral title interests that can be traced back to the original lands granted to the predecessor of Hudson’s Bay Company by Charles II, King of England, in 1670.
1982
In 1982, the CN Pension Trust Funds established an exploration and production company, Rife Resources Ltd., to broaden the scope of its oil and gas investment program. The employees of Rife were also entrusted to manage the assets of Canpar.
1996
In 1996, the CN Pension Trust Funds created Freehold Royalty Trust, a publicly-traded energy trust, and then sold all of Canpar’s producing royalty assets to Freehold, along with some of Rife’s and Canpar’s working interest properties. Freehold converted to a corporation in December 2010 (now Freehold Royalties Ltd.). Freehold’s assets are managed by the employees of Rife.
Our Leadership Team
Rife’s team brings a wealth of expertise, driving our growth and sustainability efforts in Western Canada.