Light Oil – Canada

QUICK FACTS

Land Holdings140 net sections – Pembina Duvernay
355 net sections – Viking
Production (Q1/2025)5,700 boe/d (81% liquids) – Pembina Duvernay
10,900 boe/d (84% liquids) – Viking

Pembina DUvernay

  • Demonstration-stage light oil resource play​
  • Continued commercialization underway​
  • 9 net wells onstream in 2025

Viking

  • Stable production and meaningful asset level free cash flow ​
  • Expect to bring ~85 net wells onstream in 2025

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