Light Oil
Within our Light Oil Division, we produce light oil and liquids-rich natural gas from unconventional reservoirs. Our focus is targeting high margin and quick payout opportunities. We hold a significant interest in the Duvernay at Greater Kaybob.
Our Light Oil Division has a consistent track record of top decile netbacks relative to Canadian peers. We own and operate strategic regional infrastructure which provides direct access to end markets.
DUVERNAY AT GREATER KAYBOB
- 30% WI in de-risked resource with spending governed by a strong JV agreement
- ~220,000 gross perspective acres
- ~700 well development inventory
- Scalable asset, minimal near-term land expires and flexible development options
- Infrastructure owned and operated
