Operations

We own a diversified portfolio of other conventional oil and natural gas assets across western Canada. These properties are diversified by commodity and are mixed between both operated and non-operated oil and natural gas projects which are generally smaller in nature and consist of various reservoir types. We operate approximately 70% of these assets. Major properties include the Chinchaga, Valhalla, Hayter, Progress and Shorncliff properties in Alberta.

Key Statistics:

  • 23% of proved plus probable reserves
  • 32% of daily production
  • 24% of 2008 capital development budget
  • $850 million of future development potential
  • Year-to-date capital spending of 48 million, 28 net wells drilled
  • Proved plus probable Reserve Life Index of approximately 10 years
    *as of September 30, 2008

For further information on all of our resource plays, click here.

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Last updated: November 19, 2008