Tisdale Clean Energy Closes Additional Private Placement
Summary
), Economics from Memorial University and a Juris Doctor from Osgoode Hall Law School.As part of the Companys previously announced management changes, Scott Stauth was promoted to President of Canadian Natural and joined the Board of Directors effective February 28, 2024. The increase in production from the prior periods primarily reflects growth in the Companys primary heavy crude oil and liquids-rich Montney assets, partially offset by the impacts of wildfires, a third party pipeline outage and natural field declines. None North America light crude oil and NGLs production averaged 109,354 bbl/d in 2023, comparable to 2022 levels, reflecting strong liquids results, primarily from the Montney, which offset the impacts of wildfires, a third party pipeline outage and natural field declines. The increase in thermal in situ production is driven by strong execution on the Companys strategic development plan, including capital efficient pad additions at Primrose and Kirby in 2023, partially offset by natural field declines. Future phases of the plan have the potential to grow the transportation network to include over 20 oil sands facilities, and to accommodate other industries in the region interested in CCS.Pathways continues to advance its proposed foundational carbon capture and storage project as it works with governments on the necessary co-investment and regulatory certainty needed to proceed.