A Proven Top-Tier North American Resource Play

Industry and Black Swan derisking demonstrate a thick, gas-charged, liquids-rich hydrocarbon trend across the area of Black Swan’s Montney acreage.

A Substantial Position, Situated for Best-in-Class Economics

Black Swan holds 329 DSUs in a contiguous position (100% working interest).

Demonstrated Results

443 MMboe of 2P Reserves. (Year-end 2018)

Repeatable Delivery

Over 2,600 potential horizontal drilling locations assuming development of only two horizons within the Montney across Black Swan’s lands. The initial core development area at Aitken Creek, representing less than 40% of the total land base, has the capability of delivering 100,000 boe/d flat for over 8 years.

Infrastructure Ownership

Owned and operated shallow cut gas plant with current capacity of 210 MMcf/day.

50 MMcf/d of 100% owned and operated compressor and dehydration.

Over 100 km of owned pipelines.