Evi Area – Slave Point Light Oil Resource Play

DESCRIPTION:

  • High-value, low-decline light oil play
  • Company controls pace of development & capital
  • 2D & 3D seismic coverage
  • Established infrastructure supports strong netbacks

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