24 Hour Emergency
Light Oil
MONTNEY AT GREATER PLACID
- ~80,000 gross prospective operated acres
- ~200 well development inventory
- 200 – 300 bbl/mmcf initial free liquids
- Flexible development with high netback production
DUVERNAY AT GREATER KAYBOB
- ~210,000 gross prospective acres
- 1,000+ well development inventory
- 200 – 1,000 bbl/mmcf initial condensate yields
- Joint venture secured $1 billion of investment; carry provision limits AOC’s near-term capital exposure to ($75MM net)
Thermal Oil
LEISMER
- Producing project acquired from Equinor (formerly Statoil) in January 2017
- ~20,000 bbl/d productive capacity
- Regulatory approval in place for expansions up to 40,000 bbl/d
- ~675MMbbl 2P reserves and ~90 year 2P reserve life
HANGINGSTONE
- ~9,000 bbl/d productive capacity
- ~175MMbbl 2P reserves and ~55 year 2P reserve life
CORNER
- Top tier lease with high quality reservoir
- Regulatory approval for 40,000 bbl/d project
- ~875MMbbl resource (2P reserves + best estimate contingent resource)
OTHER LEASES
- Exposure to ~800,000 acres of oil sands leases at Dover West Sands, Birch and Grosmont
- >2.5 billion barrel resource (best estimate contingent resource)