Oil & Gas 360º

MAY 15, 2025

Certain information related to general and administrative and finance costs has been represented to allocate by segment to conform with presentation as at March 31, 2025. All boe conversions in this press release are derived by converting gas to oil at the ratio of six thousand cubic feet (mcf) of natural gas to one barrel (bbl) of crude oil.

BBL 130

BBL Oil Natural Gas Operator 130

Oil & Gas 360º

MARCH 10, 2025

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 After annual capital investments of $2.6 billion 4 , free funds flow is forecast at $1.2 billion 1.

Energy 130

Energy Energy Exploration and Production Natural Gas 130

Rextag

FEBRUARY 24, 2025

Factors Driving 2024 Prices: Geopolitical tensions in the Middle East and Russia-Ukraine conflict pushed prices above $85/bbl at times. Key Factors Behind the Decline: High interest rates and tighter financing conditions limited deal-making in 2024. WTI (West Texas Intermediate) Price: Averaged $76 per barrel throughout 2024.

Basin 40

Basin Oil Gas Exploration and Production 40