RE:Eric Nuttall - Discusses TVE Deal on BNN Resilient Asset Base
The Clearwater ranks as the most economic play in North America, with wells that payout in less than six months at current prices
Industry leading returns and superior payouts drive asset level free funds flow breakeven(2) of less than US$32/bbl WTI
Operational Synergies
Increased scale affords improved netbacks through egress and marketing efficiencies
Optimized capital deployment: continuous operations and improved access to rigs and field services
Consolidates road access requirements, reducing costs and resulting in more efficient long term play development
Provides for economies of scale regarding gas conservation infrastructure at Nipisi