Balance Sheet StrengthSale of Pembina assets reduced abandonment obligations and strengthened the company's balance sheet, improving financial flexibility for future capital programs.
Reserve Growth And DevelopmentExtensions and infill drilling in Peace River and Willesden Green, combined with early Clearwater waterflood results, delivered meaningful reserve additions and support higher production potential.
Waterflood Execution And Valuation PotentialSuccessful waterflood initiatives increased proven reserves and position the stock to potentially re-rate alongside peers that have benefitted from effective waterflood programs.