Cardinal has been closely monitoring the northern Alberta wildfires. With the situation improving, we have brought back on much of our production that was curtailed in response, and expect that all affected production will be back on by June 30, 2023. We estimate that the wildfires will impact our second-quarter production average by approximately 750 boe/d or 3.5% of forecasted production for the quarter.
The protection and safety of our employees, contractors, and the residents in these areas is our top priority.
Cardinal is very proud of the calm and alert response shown by our personnel to this situation. We also thank the fire response teams, and emergency responders who are working to protect those communities.