Greenfire Resources reports Q3 production of 27,166 bbls/d
Greenfire Resources Ltd. reported a significant increase in bitumen production for the third quarter ended September 30, 2026, with a production of 27,166 barrels per day, representing a 100% increase from the previous quarter. The production surge was primarily attributed to the company's acquisition of Connacher Oil & Gas Limited and the assumption of operatorship of the Great Divide Asset on August 5, 2026.
The company's adjusted funds flow and free cash flow were reported at $49.2 million and $8.6 million, respectively, with an operating netback of $106.1 million per barrel. The Expansion Asset's production averaged 9,664 bbls/d, up 24% from the prior quarter, while the Demo Asset produced 5,452 bbls/d, down 6% quarter-over-quarter due to a planned annual turnaround.
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