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How Canada’s oil sands transformed into one of North America’s lowest-cost plays

Oil & Gas 360º

bbl between 2017 and 2019, according to BMO. The company’s Horizon oil sands mine has been producing since 2009. This long-term focus on cost-cutting means Canada’s five biggest oil sands companies can break even — and still maintain their dividends — at WTI prices between $43.10 Oil sands had an average break-even price of $51.80/bbl

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Zephyr Energy announces initial results from State 36-2R well evaluation Williston Project and Zephyr Hawk update

Oil & Gas 360º

The Company hedged a total of 18,000 barrels of oil (“bbls”) in Q1. These were hedged at a weighted average price of priceUS$68.68per barrel of oil (“bbl”). Net working interests across the Zephyr portfolio now average 7% per well (equivalent to 16.0 net wells).

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