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Ivanhoe Energy Inc., an oil development company, develops and produces oil and gas in Canada, Ecuador, and Mangolia. It holds interests in the Tamarack project, comprising a 6,880-acre lease located northeast of Fort McMurray, Alberta, Canada; the Pungarayacu heavy oil field in Block 20, covering an area of 426 square miles located to the southeast of Quito, Ecuador; and the Nyalga Block XVI, covering an area of approximately 9,239 square kilometers located in the Khenti, Govi Sumber, and Tov provinces, Mongolia. The company was formerly known as Black Sea Energy Ltd. and changed its name to Ivanhoe Energy Inc. in June 1999. Ivanhoe Energy Inc. was founded in 1995 and is headquartered in Vancouver, Canada.
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