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CS - Highwood Oil focusing on Clearwater drilling at Nipisi - July 2019
Ahead of a transformative Peace River acquisition announced in May, Highwood Oil provided a rare look at its existing operations and an overview of its plans for the new assets in a July investor presentation. Currently, Highwood’s core assets in Alberta include 74,000 net acres in the main fairway targeting the Clearwater formation and 128,000 net acres at Red Earth in the Keg River light oil play. While 73% of Highwood’s 1,700 bo/d net is currently produced at Red Earth, the company is focusing development on Clearwater.It also owns......
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