Ops Update 6th Jul27 Jul 2023 11:51
We are very close
Oil Production in Q2 rebounded to an average 1,250 Bbl./d, with production for the month of June averaging 1,249 Bbl./d. Pipelining at the Company's Barron Flats Shannon Unit ("BFSU") caused intermittent interruptions in injection volumes and production volumes due to temporary shutdown of certain injection wells and production wells.
· Construction of the BFSU's $4.5 million high-pressure gas gathering system upgrade is on target for completion this month as previously disclosed.
o The high-pressure gas gathering pipeline system has been installed, and tested and is awaiting the following:
Ø Delivery of the first three of eight high-working pressure wellsite/production separation facilities required for the upgrade is anticipated by week's end, with the balance of the units being delivered over the following two weeks. Six of these units were fabricated in Alberta to specifications for winter operations common in Alberta, Canada which should mitigate the issues experienced at the BFSU during the winter of 2023.