Light Oil – USA

QUICK FACTS

Land Holdings269,000 gross acres, 70% operated
Production92,000 boe/d (81% liquids)

eagle Ford

  • Lowers cash cost structure, improves operating netbacks​ and margins
  • Exposure to premium light oil U.S. Gulf​ Coast pricing​
  • Expect to bring 62 wells to sales in 2024.

Q1/2024 OPERATED ACTIVITY

  • 10 Lower Eagle Ford wells onstream generated an average 30-day peak initial production rate of ~1,300 boe/d (85% oil and NGL) per well
  • Identified Upper Eagle Ford development area with 3 wells onstream

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