Fireweed Energy Ltd. is a Canadian junior oil and natural gas company focused on growth through exploration, development, production and acquisition programs in the Western Canadian Sedimentary Basin (WCSB). Fireweed commenced oil and gas activities in late 2016. The Company's core growth areas are all located in NEBC Montney (an area within the WCSB extending from Grande Prairie, Alberta to approximately 100 km northwest of Fort St. John, British Columbia). The Company has assembled its land position through multiple acquisitions completed in early 2017. Fireweed's three core growth areas in the NEBC Montney are Greater Septimus, Fireweed/Inga and Stoddart/Oak. Fireweed holds approximately 142.1 gross (105.8 net) sections of Montney rights therein. The Company's Assets have had 7,260 gross (6,405 net) MBoe of proved plus probable reserves assigned, as at December 31, 2016. Fireweed's Assets have production of approximately 300 to 400 Boe/d (approximately 95% natural gas and 5% associated NGLs), which is being produced from deep legacy reservoirs (the Belloy, Wabamun and Halfway Formations) in the Stoddart/Oak and Greater Septimus areas.
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