Financial HealthWorking capital exiting the quarter remains solid at ~$26.7M.
Production GrowthVencupet continues to ramp up with current production standing at ~450 Boe/d and targeting an exit rate of ~1,000 Boe/d by the end of June.
Revenue StabilityThe revenue was ~$1.4M on the JV, with ~92% coming from procurement, financing activity, and marketing of the crude, reducing near-term risk from oil price volatility.