Light Oil – USA
QUICK FACTS
Land Holdings | 267,112 gross acres, 70% operated |
Production | 92,000 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 in 2024.
Q4/2023 OPERATED ACTIVITY
9 wells onstream generated an average 30-day initial production rate of ~ 1,600 boe/d (80% oil and NGL) per well