• Hammerhead Resources holds >200,000 acres of Duvernay rights (100% W.I.).
• The Duvernay has been progressively de-risked by several operators adjacent to Hammerhead Resources acreage.
• The vast majority of Hammerhead Resources’s acreage lies within the favourable liquids-rich, over-pressured condensate fairway.
• Geological and petrophysical data collected across Hammerhead Resources acreage indicates high quality reservoir parameters.
• The Company’s first horizontal Duvernay well was brought online in 2014 and has performed at the top decile of Duvernay liquids producers in the area, establishing the play extension of the prolific Kaybob fairway to the west.