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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).
net) wells were drilled in southeast Saskatchewan, six (1.2 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. A total of 26 (22.3 net) wells in West Saskatchewan and one (1.0 net) well in Alberta.
Nonetheless, it does serve as a reminder that when a party recognizes an omission or mistake in an instrument affecting mineral rights, a party should not immediately opt for an easy fix via a notarial act of correction. 21] Prior to spudding the well, the operator faced weather delays and was required to obtain a CUA permit. [22]
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