i3 Energy Canada Ltd. Announces 2023 Reserves [Yahoo! Finance]
Stifel Financial Corporation (SF)
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Source: Yahoo! Finance
the UK and Canada, is pleased to announce the results of its 2023 year-end reserve report, for its subsidiary i3 Energy Canada Ltd. i3's independent reserve report (the "GLJ report") was prepared by GLJ Ltd. ("GLJ") in accordance with standards contained in the Canadian Oil and Gas Handbook (COGEH) and National Instrument 51-101 Standards of Disclosure for Oil and Gas Activities ("NI 51-101"), with an effective date of 31 December 2023. All cash figures presented below are expressed in USD unless otherwise stated. Highlights Successful Execution of 2023 Capital Programme and Strong Performance of the Company's Production Base Maintained Reserve Volumes Across Key Categories Despite Limited Capital Expenditures Due to Declining Commodity Prices · Total Company Interest Total Proved ("1P") reserves and Total Proved plus Probable ("2P") reserves were effectively maintained year-over-year at 92.9 million barrels of oil equivalent ("boe") and 179.9 million boe, respectively. · Pr
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