Operations
Longshore Resources

Operations

Longshore owns a diverse suite of high-quality assets. Our balanced portfolio is composed of inventory in North America’s most highly economic plays. Our sustainability is underpinned by a low-decline, high-margin production base. The combination of industry-leading, high-growth play exposure coupled with a stable, low-cost production base is what positions Longshore to be an outstanding industry champion.

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NORTHWEST ALBERTA

Valhalla/Progress/Gordondale – Lower Charlie Lake (Braeburn)

Amongst the most economic light oil plays in North America, the Braeburn play offers top-decile capital efficiencies. Reservoir quality is excellent and stacked, which provides large resource in-place. Longshore was an early entrant in the play and swiftly accumulated a large fairway of premium Lower Charlie Lake acreage. Significant technical advancement has unlocked more efficient development and meaningful inventory. Industry activity in the Braeburn has accelerated rapidly as the play has proven capable of delivering industry-leading, repeatable high-rate light oil well performance.

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CENTRAL ALBERTA & WEST SASKATCHEWAN

Provost/Macklin/Redwater - Mannville

The Mannville play is characterized by thick, conventional, high-permeability reservoir. Perpetual innovation, creativity and internal expertise gave rise to Longshore’s unique extraction technique, horizontal multi-perf (HZMP), a breakthrough that unlocks resources formerly believed to be inaccessible. Longshore’s HZMP technology provides opportunity for repeatable development that generates significant free cashflow and outstanding recovery. Longshore has a large inventory of high-quality locations capable of providing low-decline oil production and sustained free cashflow over the next decade.

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SOUTHWEST SASKATCHEWAN

Kerrobert/Plenty/Forgan/Hamilton Lake - Viking

The Viking is considered one of the most reliable tight, light oil plays in North America. The low risk, short cycle time and high netback nature of this play provide compelling economics and drive robust value generation. Longshore has an extensive Viking land position and rich inventory of low-risk development opportunities.

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NORTHEAST BRITISH COLUMBIA & NORTHWEST ALBERTA

Goose(BC)/Progress(AB) Areas - Montney

The Montney is recognized as a world-class, premier resource play. The prolific and regionally extensive nature of the Montney reservoir yields long-life production and large reserves. Longshore owns multiple large, contiguous Montney land blocks that are adjacent to large-scale Montney developments. Longshore’s Montney acreage is highly prospective for oil and provides tremendous upside opportunity. Notably, a recent Montney light oil pool discovery by industry competitors offsets Longshore’s Montney land block at Progress.