Canadian Overseas Petroleum Limited reported operating results for the second quarter and first half ended June 30, 2022. Cuda's average production of approximately 415 Bbls/d in the second quarter of 2022 and 477 Bbls/d in the first quarter of 2022.

Average daily oil production was limited in the first half of 2022 to 1,714 Bbls/d (gross), 1,034 Bbls/d (net) due to constraints at the BFU surface facilities caused by the progression of the miscible front induced in the reservoir.