Infrastructure UtilizationTopaz highlighted a 99% utilization rate on its infrastructure, which supports a 95% FCF margin due to lower operating costs and hedging gains.
Production GrowthTopaz reported 15% year-over-year production growth driven by record heavy-oil volumes and strong gas performance.
Strategic AcquisitionThe company announced acquiring a GORR on TOU's NEBC Montney, expanding its land exposure and enhancing its alignment with TOU’s long-term growth strategy.