Light Oil – Canada

Land Holdings176 net sections – Pembina Duvernay
344 net sections – Viking
Production (Q4/23)6,100 boe/d (81% liquids) – Pembina Duvernay
12,650 boe/d (85% liquids) – Viking

Pembina DUvernay

  • Demonstration-stage light oil resource play​
  • Continued commercialization underway​
  • Expect to bring 7 net wells onstream in 2024

Viking

  • Stable production and meaningful asset level free cash flow ​
  • Divested Forgan/Plato asset (~4,000 boe/d) in December 2023
  • Expect to bring ~93 net wells onstream in 2024

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