STRONGEST ADJUSTED FUNDS FLOW IN TWO YEARS WITH Year-over-Year A 188% YEAR-OVER-YEAR INCREASE TO 29.1 MILLION Adjusted Funds Flow ( millions) Impact Source 5.4 Increased production (7.2) Lower realized pricing 13.1 Decreased hedging…
Performance versus ADJUSTED OPERATING EXPENSES AND CASH G&A EXPENSES Guidance ARE NORMALIZING TO GUIDANCE FOR THE YEAR 2019 Guidance (1) YTD 2019 Results Average production (boe/d) 22,500 - 23,500 22,736 Lindbergh Average…
Liquidity DEBT DECREASED 19.3 MILLION 330 MM Revolving Credit Facility 520 MM Long Term Notes Drawn 250 182 200 330 MM Un-Drawn 85 150 100 208 123 132 Letters of 50 Credit 63 57 0 2019 2020 2021 2022 2023 2024 As…
Lindbergh SAGD LINDBERGH PRODUCTION STEADY IN Q2 EVEN WHILE CURTAILED Unscheduled Outage 20,000 18,000 Scheduled plant turnarounds 12.0 Bitumen Production (bbl/d) 16,000 Steam-Oil Ratio (SOR) 14,000 9.0 12,000 10,000…