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Operations

Light Oil

AOC Light Oil Operations 2019
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MONTNEY AT GREATER PLACID

  • ~80,000 gross prospective operated acres
  • ~150 gross future locations
  • 200 – 300 bbl/mmcf initial free liquids
  • Flexible development with high netback production
AOC Light Oil Operations 2019
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DUVERNAY AT GREATER KAYBOB

  • ~220,000 gross prospective acres
  • ~700 gross well development inventory
  • 200 – 1,000 bbl/mmcf initial condensate yields
  • 2016 joint venture secured $1 billion of initial investment which was completed in Q1 2020; AOC's capital exposure was limited by carry provision to $75 million net