Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate Change
• Environmental Stewardship
• Safety
• Governance

Environmental Achievements

• Zero lost time injuries and zero recordable injuries during fiscal 2024 and 2023.
• Abandonment and reclamation investments made responsibly with Board oversight.

Social Achievements

• Zero lost time injuries and zero recordable injuries during fiscal 2024 and 2023.
• Periodic safety meetings for field staff to review safety protocols.

Governance Achievements

• Formation of a Governance, ESG, and Occupational Health and Safety Committee to oversee related matters.

Climate Goals & Targets

Environmental Challenges

• Uncertainty around future climate change legislation and its impact on operations.
• Potential for significant effects of climate change regulations on crude oil and natural gas business in Canada.
• Natural decline and increase in water cut leading to decreased oil production.

Mitigation Strategies

• Actively involved with an association of helium explorers and producers to monitor developments.
• Prudent and responsible abandonment and reclamation investments.
• Monitoring developments in climate change regulation.

Supply Chain Management

Climate-Related Risks & Opportunities

Transition Risks

• Changes in climate change regulations