Tenaz Energy Corp. is an independent oil and gas exploration and production company with a dual geographic focus on Europe and North America. The company's cornerstone international asset is located in the Dutch sector of the North Sea, where it operates as the largest natural gas producer following strategic acquisitions, including the purchase of NAM Offshore B.V. In Canada, Tenaz develops semi-conventional crude oil and natural gas projects targeting the Mannville Group in central Alberta. The company's business model centers on acquiring mature, cash-flowing assets from larger operators and applying technical expertise to increase production and operational efficiency. By prioritizing free cash flow generation, Tenaz funds its organic growth initiatives and shareholder return programs. The company aims to further consolidate its position in Europe while evaluating additional high-return opportunities in other international markets.