Investor Information
Presentations & Events:
Financial & Operating Highlights:
| Year Ended December 31 | Year Ended December 31 | |
|---|---|---|
| 2017(1) | 2018 | |
| Average Daily Production (boe/d) | 21,000 | 22,808 |
| % Liquids | 71% | 75% |
| Adjusted Funds Flow from Operations ($MM) | $142 | $211 |
| Operating Netback before hedging ($/boe) | $24.12 | $30.61 |
| Capital Expenditures ($MM) | $111 | $175 |
| Long term Debt net of working capital ($MM) | $267 | $251 |
| Debt to Cash Flow | 1.9x | 1.2x |
| 1P Reserves(2) (MMBoe) | 75 | 80 |
| 2P Reserves(2) (MMBoe) | 114 | 118 |
| Average Corporate Decline Rate | ~25% | ~25% |
1 2017 operations reflect only 6 months of new management and strategic direction.
2 Sproule, year-end.
