At Warbonnet a 2017/2018 development program is underway. The Warbonnet area hosts the vast majority of our low risk infill drilling opportunities. Completed vertical well costs for the 2017/2018 development program are expected to average less than US$3 million compared to US$3.8 million in 2014/2015. Competitive finding and development costs and low costs of production drive strong and stable margins.
Our Pinedale properties host natural gas weighted production and reserves, an inventory of over 300 undeveloped infill locations and a concentrated acreage position within a premier low-cost tight gas producing basin.