HAMMERHEAD HAS SECURED A STRONG POSITION TO BE A
TOP 5 MONTNEY PRODUCER
Hammerhead is committed to strong corporate, operational and financial sustainability.
We are advancing a growth-oriented strategy focused on leading, large scale resource development in the Alberta Montney, one of North America’s highest return plays.
Our operations target the responsible development of multi-zone, light-oil rich opportunities, supported by a culture of excellence and strong alignment with integrated environment, social and governance (“ESG”) principles.
Presentations and Reports
Carving Our Path Forward
Values and Vision
We chose the name because of the unique shape where the Smoky River and Kakwa River intersect, which looks like a Hammerhead shark.
Hammerhead offers established production with extensively de-risked assets and premium drilling economics. Using multi-well pads plus refining our completions technology and well design allows us to improve operational efficiencies and reduce our surface footprint.
Our assets feature ample gathering, processing, transportation, and market capacity with access to multiple markets.
HHR By The Numbers
2020 FINANCIAL AND OPERATING HIGHLIGHTS
FREE CASH FLOW
Million including capitalized G&A
2021 REVENUE (Excluding Hedging)
of revenue from liquids +
diversified gas exposure
(1) Revenue split based on 2021 Strip Pricing ($US 61/bbl WTI, $2.67/GJ AECO exposure includes the effects ex-Alberta physical transportation contracts – actual split between ‘AECO’ and ‘Non-AECO’ exposed natural gas revenue will vary depending on the time period in question. Splits shown in graph above representative of 2021.
Initial land position assembled in Karr / West Ante Creek
Riverstone initial investment
Fully delineated and start of free cash flow generation
(1) 2020 Pricing ($US 39/bbl WTI, $2.11/GJ AECO)
Hammerhead is a growth-oriented private company based in Calgary, Alberta with production and development focused in the multi-zone, Montney light oil window.