Capital Allocation And Dividend ProtectionCapital spending reductions are designed to protect the high-yield dividend and preserve the balance sheet, supporting dividend reliability during weak oil prices.
Operating Cost ImprovementScale from Reford is expected to lower per-unit operating costs, improving margins even after accounting for higher transport expenses.
Production Ramp-upRapid ramp-up of the Reford development is projected to more than offset declines in conventional production, supporting overall output and revenue resilience.