Investor Centre

Investment Opportunity

  • Pure-play North Dakota Bakken producer focused on top-tier acreage quality, with high torque to WTI prices
  • Stacked oil pay provides key advantages
    • Land base provides significant horizontal drilling opportunities
    • Stacked pay acts as an acreage multiplier vs. single formation plays
    • Basin operators currently testing well density in multiple benches
    • Opportunities to lower well and infrastructure costs via pad drilling and higher density operations
  • Recent completion activity in Antelope & South Berthold consistent with internal estimates and resulting in significant production growth
  • Substantial development opportunities through existing inventory and targeted A&D
  • Operating netbacks supported by robust hedging program and low per unit costs
  • Strong technical management team with significant operational, financial and A&D experience
  • Capital structure repositioning in April 2021 set to improve and simplify the balance sheet and enhance business prospects

Investor Contact

5 Quarters Investor Relations, Inc.
Cindy Gray
Phone: +1.403.231.4372