Peace River

Cold Flow Manufacturing
Net Sections 235
Production 4,724 boe/d
Netback $21/boe
*as of Q3 2018
56°10’28.1316”, -116°39’28.5048”

Manufacture Cold Flow in Peace River

The Peace River Oil Partnership (“PROP”) is a joint venture between Obsidian Energy and China Investment Corporation with a large position in a crude oil resource highly amenable to conventional cold-flow production. PROP has de-risked the large resource base and has many years of inventory with attractive economics.