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Strathcona announces sale of Montney business for $2.84 billion and acquisition of Hardisty Rail Terminal

Oil & Gas 360º

Updated Guidance and Long-Range Plan Upon completion of the Montney dispositions, Strathcona will be a pure-play heavy oil company producing approximately 120 Mbbls / d (100% oil, 95 Mbbls / d thermal, 25 Mbbls / d conventional) with a 50-year 2P reserve life index and positive net cash (including marketable securities).

BBL 130
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Saturn Oil & Gas Inc. provides Q1/25 capital program update and accelerates debt repayment with US$15 million senior note repurchase and cancellation

Oil & Gas 360º

By the end of the period, all wells had been successfully completed, equipped and tied-in, with IP30 rates available on the majority of wells brought on production. Should the WTI benchmark oil price fall to US$50/bbl, Saturns hedge book provides significant protection, having a cash value of over $160 million at that level.

Gas 100
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Whitecap Resources 2025 Outlook: Efficiency Gains Drive Sustainable Growth

Oil Gas Leads

share) at US$70/bbl WTI Free Funds Flow: $550 million Net Debt: Maintained under $1 billion with a 0.3x share) at US$70/bbl WTI Free Funds Flow: $550 million Net Debt: Maintained under $1 billion with a 0.3x Musreau 05-09 Battery: Completed 10% below budget and ahead of schedule. billion Funds Flow: $1.65 billion ($2.81/share)

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How Energy Giants Performed in Q1 2025: A Breakdown of Equinor, BP, Hess, and NOG

Rextag

In Guyana , through its Azule Energy joint venture with Eni, the Agogo FPSO completed construction and is now en route to Block 15/06, enhancing production in Angolas offshore region. Production Breakdown: Oil volumes: 78,675 Bbl/day (58% of total production), up 12.1% shale basins. sequential increase from Q4 2024. billion $4.97