Light Oil – USA

QUICK FACTS

Land Holdings269,000 gross acres, 70% operated
Production (Q3/2024)89,800 boe/d (82% liquids)

eagle Ford

  • Lowers cash cost structure, improves operating netbacks​ and margins
  • Exposure to premium light oil U.S. Gulf​ Coast pricing​
  • Expect to bring 62 wells to sales (80% operated) in 2024.

2024 OPERATED ACTIVITY

  • Expect to bring 45 Lower Eagle Ford and 4 Upper Eagle Ford wells onstream
  • YTD 2024 realized an 8% improvement in drilling and completion costs per lateral foot over 2023

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