Strategically located assets
- Superior development area: strong Montney and Duvernay production base in active greater Kaybob area
- Optionality: dry gas – liquids rich window provides a variety of economic opportunities and flexibility to control our product mix
- Running room: 119 drilling inventory locations identified
- Asset retirement: low asset retirement obligation with plan to aggressively retire inactive assets within 5 – 7 years
- Climate: modern facilities with added methane reduction opportunities under review
Established portfolio
- Four operated gas processing facilities with over 160 mmcf/d of capacity1
- 25% Working Interest in partner-operated gas processing facility with 85 mmcf/d of capacity
Large scale processing platform with capacity
- Available Simonette owned facility capacity (~50%) allows for reduced fixed cost per boe with production adds
- Efficient and modern facilities offer low cost
Operational excellence
- Low operating costs and high liquids (~40%) contribute to high margins
- Low-cost debottlenecking opportunities (~25% increase in capacity) through compression addition
Optionality
- Operations proximal to Alliance (rich gas), Pembina (liquids) and TC (lean gas) pipelines
- Access to key water infrastructure
- Close proximity to power infrastructure projects provides future opportunity for integrated synergies