Independent • Calgary, Albertainfo@moncanenergy.com
About Moncan

A Canadian energy company shaped by experience in the field.

Moncan Energy is an emerging Calgary-based exploration and production venture focused on finding, evaluating and acquiring smaller producing oil and gas assets in Western Canada.

Who we are

Focused on the details that matter.

Moncan was established to pursue opportunities that may be overlooked by larger operators, with an emphasis on asset-level fundamentals and responsible risk-taking.

Our strategy combines disciplined acquisition screening, independent technical evaluation where appropriate, and the possibility of improving performance through targeted operations. Rather than treating production volume alone as the measure of quality, we focus on asset economics, remaining life, required capital and liability exposure.

Moncan is currently developing its acquisition pipeline. The company’s first acquisitions, financing arrangements and future growth remain subject to successful diligence, financing, contractual agreements and regulatory approvals.

Founder & leadership

Industry experience at the foundation.

FOUNDER & CEO

Andrew Bayar

Andrew founded Moncan Energy after more than a decade working in Canadian oilfield and downhole operations. That field background informs a practical view of technical execution, operational risk and the realities behind asset-level forecasts.

He leads Moncan’s acquisition sourcing, investor relationships and company development, with specialized engineering and geological input sought as needed for evaluating opportunities.

Connect with Moncan ↗

External specialists may support specific reviews; this website does not imply they hold executive positions or that an asset transaction has closed.

How we work

Our operating principles.

01

Capital discipline

Evaluate entry costs and expected cash generation with room for uncertainty, not just best-case forecasts.

02

Technical credibility

Seek fit-for-purpose engineering, geological and operational review before major commitments.

03

Responsible stewardship

Consider well integrity, environmental obligations, liabilities and regulatory approvals as part of the investment decision.

Our direction

Canada first. Selective growth thereafter.

Alberta and the broader Western Canadian Sedimentary Basin are the immediate focus. As the company develops, Moncan may explore additional Canadian or international opportunities where technical expertise, economics and partner alignment justify the risk.

The starting point

Core activityProducing asset acquisitions
Initial regionAlberta, Canada
Improvement methodsOptimization & selective reactivation
Execution philosophyAsset-specific, risk-adjusted
Explore further

Get to know our strategy.

Learn what Moncan looks for and how potential opportunities are screened.