CENOVUS ENERGY INDUSTRIAL BUILDING

Drayton Valley is a strategically located community in west-central Alberta, situated alongHighway 22 and Highway 39, approximately 130 kilometres southwest of Edmonton. Witha population of approximately 9,000 and a broader regional trade area exceeding 25,000residents, Drayton Valley serves as a key service and commercial hub for surrounding ruralcommunities and resource-based industries. The town offers a combination of affordablehousing, strong community amenities, and proximity to major employment centres within thePembina oil and gas region.

Drayton Valley’s economy is primarily anchored in the energy sector, with a strongconcentration of oil and gas exploration, production, and servicing activity within the PembinaField, one of Alberta’s most established conventional oil regions. The town supports a widerange of energy service companies, contractors, and supply chain businesses, providing stableemployment and underpinning local economic activity. Forestry also plays a meaningful rolein the regional economy, contributing to manufacturing, transportation, and related industrialservices.