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Hay River |
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Hay River
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Three regional processing centers have been established in Yellowknife, Hay River and Inuvik. We successfully closed the Hay River property acquisition, adding approximately 5,200 BOE/d of production at favorable acquisition metrics (approximately $46,000 per BOE/d, $13. 5) The reserves attributable to Harvest's Hay River property, which is an area that produces medium gravity crude oil (average 24 degrees API), are subject to a heavy oil royalty regime in British Columbia and would be required, under NI 51-101, to be classified as heavy oil for that reason. |
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