Recent Performance

High growth guidance is supported by strong demonstrated operating netbacks and financial flexibility.

  Third Quarter 2014 Year to Date 2014
Production (Boe/d) 35,820 26,739
Percent liquids 58% 58%
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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