From YaHoo Production Volumes: Averaged 64,143 BOE per day in Q2 2024.
North Clearwater Oil Production: Increased to 19,500 BOE per day, a 26% year-over-year increase from 15,400 BOE per day in Q2 2023.
Adjusted Funds Flow: $226 million, a 43% year-over-year improvement.
Free Funds Flow: $137 million.
Operating Costs: Lowered by 9% per barrel year-over-year.
Share Repurchase: 2.1 million common shares repurchased in Q2 2024; 9.7 million shares repurchased in H1 2024, totaling approximately $34 million.
Shareholder Return: $75 million in the first half of the year, approximately $0.14 per share.
Net Debt: Reduced to $883 million, a 36% reduction year-over-year.
Annual Production Guidance: Expected to average 61,000 to 63,000 BOE per day in 2024.
Capital Spending Guidance: $390 million to $440 million for 2024.