Carcetti Capital Corp V.CART.H

Topside oil and gas assets

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Approximately $4.2 million US ( $5.5 million CAD  in topside assets/ equipment were temporarily written down at exit 2021 due to uncertainty associated with the conflict in the east.

At last contact a short while ago, the RK field was still producing and the topside assets were untouched.

That is, besides the 2P reserves which are in situ and presumably safe in the ground, the balance sheet assets are of the order of $18 million or so CAD...