IHH Energy Corp has recently acquired 19 sections of Crown mineral leases in the Grand Forks area through acquisitions and public land bidding, with most leases being indefinite. With over 100 million barrels of original oil in place (OOIP) and a current recovery factor of 25%, we aim to increase recovery by 10–15% through horizontal infill drilling and water flooding, unlocking an additional 10–15 million barrels of oil.

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Leveraging existing infrastructure, including a battery, pipelines, and water disposal wells, we are positioned to efficiently and cost-effectively execute our development plans. Our goal is to build a production capacity of 3,000 barrels per day within the next five years, driving growth and value in this strategic area.