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In June 2004, the Alberta Junior Hockey League (AJHL) board of governors approved the sale and relocation of the Crowsnest Pass Timberwolves franchise to Okotoks. The franchise was granted a one-year leave of absence in 2004–05 to prepare for its first season in its new home. Players from the 2003–04 Timberwolves team were loaned out to other AJHL and British Columbia Hockey League (BCHL) teams. Though dormant, the Oilers franchise was awarded the 2004–05 AJHL all-star game, which acted as a preview of the AJHL brand for the citizens of Okotoks. The 2005–06 season was a success for the Oilers, as they finished with a record above .500 before losing to the Brooks Bandits in the first round of the playoffs, three games to two. The Oilers played their first season in Murray Arena while construction of their new facility was ongoing.

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