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Canadian Non-Operated Resources, LP ("CNOR") is a newly-formed, Calgary-based oil and gas company. The Company is managed by Grafton Asset Management ("GAM"), a Calgary-based oil and gas investment management firm. CNOR is led by industry veteran Richard Grafton, who has an outstanding track record in the Canadian oil and gas sector as director of multiple successful exploration and production companies.
CNOR seeks to capitalize on a market environment in which there is an increasing demand for non-operating partner capital due to the vast and growing capital requirements inherent to full-scale development of unconventional resources. CNOR will focus its efforts on the Western Canadian Sedimentary Basin, which is well-suited to the Company’s existing technical expertise and relationship base.