HWN Map
HWN is a high growth, light oil focused Alberta Montney/Deep Basin consolidator
Dunvegan
- Light oil, low risk
- >150 locations
- Significant historical development and exceptional recent results by HWN and other operators
- Multiple recent “top 10” wells in Alberta (Karr)
- Less scalable and more localized than other plays, but strong returns and has potential for longer term secondary recovery
Alberta Montney
- Light oil, high impact
- >350 locations
- Sizeable contiguous position in the up-dip oil window
- Industry continues to advance completion designs, rejuvenating oil area activity
HWN recently achieved excellent results - Significant inventory with repeatability and opportunity for economics optimization and growth
Cardium
- Light oil, low risk
- 500 locations
- Position spans the Cardium updip oil fairway in proven areas with significant HWN and offset operator activity
- Deep inventory with potential to expand core areas
- Diversified oil weighted properties provide optionality to chase best economics and/or improving economics