Operational Update Highwood Asset Management Ltd. completed one unbooked gross well in the third quarter of 2025, being the 100/13-15-048-14W5 well in the Basal sand at Brazeau that was spud in June. Highwood deployed a different completion method on the 13-15 well by using a jet pump to speed up the clean up process after fracture stimulating the well. As a result of this new method, the 13-15 well cleaned up [...]
Highwood Asset Management is pleased to announce financial and operating results for the three and six months ended June 30, 2025. The Company also announces that its unaudited financial statements and associated Management's Discussion and Analysis for the period ended June 30, 2025, are available on Highwood's website at www.highwoodmgmt.com and on SEDAR+ at www.sedarplus.ca. Highlights Average corporate production of [...]
Highwood Asset Management is pleased to announce that the annual borrowing base redetermination of the Company's credit facility has been completed. As a result of another successful drilling program that delivered significant PDP reserves growth, the borrowing base has been increased from $120 million to $140 million, comprised of a $10 million operating facility and $130 million syndicated credit facility. The maturity [...]
In the news release, Highwood Asset Management Ltd.] ANNOUNCES FIRST QUARTER 2025 RESULTS AND OPERATIONAL UPDATE, issued 15-May-2025 by Highwood Asset Management Ltd. over CNW, we are advised by the company that the fifth bullet should read "$3.15/GJ" instead of "$3.15/JG," and the table header for the Summary of Financial & Operating Results should read "2025" instead of "2023." The complete, corrected release follows [...]
Highwood Asset Management is pleased to announce financial and operating results for the three months ended March 31, 2025. The Company also announces that its unaudited financial statements and associated Management's Discussion and Analysis for the period ended March 31, 2025, are available on Highwood's website and on SEDAR+. Highlights Achieved average corporate production of 5,264 boe/d in Q1 2025, representing an [...]
Highwood Asset Management is pleased to announce financial and operating results for the three and twelve months ended December 31, 2024 and to provide the results of its independent oil and gas reserves evaluation as of Dec 31, 2024, prepared by GLJ Petroleum Consultants. The Company also announces that its audited financial statements and associated Management's Discussion and Analysis for the year ended December 31 [...]
Highwood Asset Management Ltd. is pleased to announce early repayment of Promissory Note issued in conjunction with the acquisition of Boulder Energy Ltd. in August 2023 and update to the 2025 capital program. Promissory Note Repayment The Promissory Note, originally issued on August 3, 2023 was set to mature on July 1, 2025 with equal payments of $3.5 million each on January 1, 2025, April 1, 2025 and [...]
Highwood Asset Management Ltd. is pleased to announce financial and operating results for the three and nine months ended September 30, 2024. The Company also announces that its unaudited financial statements and associated Management's Discussion and Analysis for the period ended September 30, 2024, are available on Highwood's website at www.highwoodmgmt.com and on SEDAR+ at www.sedarplus.ca. Highlights Achieved average [...]
Highwood Asset Management Ltd., is pleased to announce an operational update and appointment of Ray Kwan to the Board of Directors. Operational Update Highwood drilled its first well within the Basal Belly River horizon at Brazeau, which is analogous to the company's activities at Wilson Creek. Highwood is encouraged with the early results from the well, which has been onstream for approximately 60 days and is currently [...]
Highwood Asset Management is pleased to announce financial and operating results for the three and six months ended June 30, 2024. The Company also announces that its unaudited financial statements and associated Management's Discussion and Analysis for the period ended June 30, 2024, are available on Highwood's website and on SEDAR+. Highlights Achieved record corporate production of 6,459 boe/d in Q2 2024, representing [...]
Credit Facility Update Highwood Asset Management Ltd. is pleased to announce that the annual borrowing base redetermination of the Company's credit facility has been completed. As a result of its successful drilling program that delivered significant PDP reserves growth, the borrowing base has been increased from $100 million to $110 million, comprised of a $10 million operating facility and $100 million syndicated credit [...]
Highwood Asset Management Ltd. is pleased to announce financial and operating results for the three months ended March 31, 2024. The Company also announces that its unaudited financial statements and associated Management's Discussion and Analysis for the period ended March 31, 2024, are available on Highwood's website at www.highwoodmgmt.com and on SEDAR+ at www.sedarplus.ca. Highlights Achieved record corporate [...]