Budget And Cost ManagementThe 2025 budget should continue to excite investors, with less capex, higher production, and lower operating costs than expected.
Financial PerformanceThe repositioning into the Charlie Lake and Clearwater has materially improved the company’s inventory duration, as well as its go-forward profitability.
Operational EfficiencyWith new infrastructure spending, TVE expects to save ~$0.25-$0.50/boe in carbon-related tax, along with other operational cost savings.