Asset SaleSelling ~27% of corporate production in the Cardium creates an entity positioned toward top quartile assets in the heavy oil window of Alberta.
Drilling SuccessNew development drilling at Harmon Valley South achieved IP30 rates ahead of expectation at 450-500 boe/d per well, signifying potential to extend the field and add future development locations.
Production GrowthThe company highlighted 16% production growth, lower costs, and an active heavy oil development.