Light Oil – USA

QUICK FACTS

Land Holdings267,112 gross acres, 68% average working interest
Production92,000 boe/d (82% liquids) 70% operated

eagle Ford

  • Lowers cash cost structure, improves operating netbacks​ and margins
  • Exposure to premium light oil U.S. Gulf​ Coast pricing​
  • Expect to bring 46 operated wells and 16 non-operated ​wells to sales in 2024

Q3/2023 OPERATED ACTIVITY

  • 13 wells onstream
  • 7 wells from 3 pads (Bloodstone, Bubinga and Hickory) generated an average 30-day initial production rate of 2,000 boe/d per well

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