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)