- 100% STP owned and operated for over 4 years
- Average SOR = 2.9
- Experienced operations staff
- One pad of 2-3 SAGD well pairs drilled per year
- 11-12° API oil
- Favourable Saskatchewan regulatory regime
- Low total operating costs (~$12.00/bbl), reduced diluent requirements (~22%) and favorable royalties (~16%) allows STP-Senlac to generate consistently strong netbacks
