DESCRIPTION:
- High-value, low-decline light oil play
- Company controls pace of development & capital
- 2D & 3D seismic coverage
- Established infrastructure supports strong netbacks
Evi Area – Slave Point Light Oil Resource Play
Waterflood Summary:
- Opportunity for a doubling of reserve bookings and recovery over time
- Expansion of waterflood pipeline in 2019
- Low-risk infill and exploitation potential
- Estimated additional EUR from waterflood ~2.0 MMbbl
