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Presentation of Oil and Gas Information In respect of 2024 year-end reserves information contained in this press release, Strathconas reserves have been evaluated in accordance with Canadian reserve evaluation standards under National Instrument 51-101 Standards of Disclosure for Oil and Gas Activities (NI 51-101). USD-CAD and C$3 / GJ AECO.
Conventional / Mississippian Development Highlights Saturns 11-04 Frobisher Mississippian well at Browning in southeast Saskatchewan realized a record initial production rate after 30 days ( IP30 ) of approximately 340 barrels per day ( bbls/d ) based on a sample set of approximately 100 wells. GJ to $3.35/GJ.
Financial Summary The combined company’s production forecast at closing is 370,000 boe/d (63% liquids) and based on commodity prices of US$70 /bbl WTI and C$2.00 /GJ AECO, the forecast annualized funds flow is $3.8 Barrel of Oil Equivalency “Boe” means barrel of oil equivalent.
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