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
- ~700MMbbl 2P reserves and ~90 year 2P reserve life
HANGINGSTONE
- ~9,500 bbl/d productive capacity
- ~35MMbbl 2P reserves
CORNER
- Top tier lease with high quality reservoir
- Regulatory approval for 40,000 bbl/d project
- ~875MMbbl resource (2P reserves + best estimate contingent resource)
* Dover West recoverable resource is based on McDaniel’s 2C unrisked best estimate 2.2 billion barrels + management's estimate of recoverable volumes associated with the Leduc Carbonates of ~3 billion barrels, which are not booked as reserves or contingent resource by McDaniel
OTHER LEASES
- Exposure to ~156,000 acres of oil sands leases at Dover West Sands*
- 5 billion barrel resource