Reports Q3 revenue C$234.09M vs. C$206.52M last year. Scott Sobie, President and CEO of Hammerhead notes, “Hammerhead has achieved record cost outcomes at the same time that new wells (North Karr 10-14) have materially exceeded our type curve assumptions. As a result, production at our recently completed North Karr infrastructure is at capacity and we have an additional 2,000 – 3,000 boe/d of productive capability ‘behind pipe'”.
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