Q2 is out Increased funds flow from operations to $6.8 million or $0.03 per share, an increase of
336% from the same period in 2016, driven by higher prices and lower costs;
Achieved average quarterly production of 8,502 boe/d, up 8% from the same period in
2016 despite significant weather access restrictions which shut-in or restricted
approximately 850 boe/d in the quarter;
Achieved production of 75,000 barrels of oil from the 9-11 Dunvegan well in
approximately 155 operating days;
That works out to an average of 500 bopd for the 5 months,enough CF
to cover 3/4 of the drillling costs.
The 2 new West Simonette Montney wells averaged IP 90 of approximately 695 boe/d
per well (34% condensate);
Began pipeline work to tie-in the Dunvegan oil wells to minimize road ban truck out
restrictions, with full operation commencing in mid-July.