Altex Energy Limited

Altex is a “pipeline” company - only we use rail as the “pipeline”. Our goal is to ensure a seamless interconnectivity along the bitumen supply chain. Altex does not buy or sell oil – that’s our customer’s business. Our unique product offering is a fully-integrated, bidirectional, multi-destination, rail-based pipeline system connecting producers of bitumen and crude oil products from Canada’s oil sands to markets within Alberta, the rest of Canada, US Midwest, US Gulf Coast and other export markets. Think of it as a pipeline on rail. Our pipeline on rail system significantly enhances the service reliability and market reach for all shippers because of economies of scale and multiple markets. This is something that cannot be easily achieved with conventional in-ground pipeline systems or by individual companies trying to replicate each part of the pipeline on rail system. We manage all facets of the pipeline from the wellhead to your final destination market. Our Service Delivery people interface with the producers’ trucking firms to get your oil to our terminal to meet your nominations. We interface daily with CN and other rail carriers to manage the rail fleet in and out of our terminals all the way to destination and back. In short, we are a pipeline. We manage the entire rail pipeline flow on a system approach so you don’t have to. That’s our business. Your business is to market oil.