High growth guidance is supported by strong demonstrated operating netbacks and financial flexibility.
|Third Quarter 2014||Year to Date 2014|
|Operating netback ($/Boe)||$35.79||$37.74|
|Funds from operations ($000’s)||$106,294||$226,430|
|Capex, net of dispositions ($000’s)||$328,423||$740,596|
* "Funds from operations" is a financial measure not presented in accordance with IFRS and is equal to cash flow from operating activities adjusted for changes in non-cash operating working capital and decommissioning expenditures.
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