Started Operations in 2021
Production: 650 boe/d (100% gas)
PDP Reserves:  3,930 kBOE (23.6 BCF)*
BT NPV 10%: $13.8 MM*

2024 Royalty Rate: ~13%
2024 Operating Costs: ~$8.75/boe
2024 Transportation Costs: ~$1.60/boe

Hedging (~50%):       - 2,000 GJ/d at $3.03/GJ Until Oct 31, 2025
                                    - 2,000 GJ/d at $3.36/GJ Nov 1, 2025 to Oct 31, 2026

* Trimble Energy Group Evaluation; 2024 Q2 Prices, Effective Sept 1, 2024