upstream operations
Developing unconventional and conventional oil and gas opportunities on our Toklan acreage in the Western Anadarko Basin in Oklahoma and Texas.
CUSTER COUNTY, OKLAHOMA – WESTERN ANADARKO BASIN
VEGA ENERGY OPERATED & NON-OPERATED ASSETS
Acquired in 2026, Vega Energy's Custer County position is held by production and anchored by the Custer City North Field, with non-operated and royalty interests across Oklahoma's Western Anadarko, Marietta and Arkoma basins.
Net Acres (HBP)
~7,000
Operated Producing Wells
28
Non-Operated / Royalty Wells
~250
Working Interest (operated, avg.)
43.7%
Net Revenue Interest (operated, avg.)
34.1%
Net Production (Boe/d)
~500 (approx. 80% gas)
Net Proved Developed Producing Reserves
1.7 MMBoe (184 MBbl oil / 8.5 Bcf gas / 101 MBbl NGL, as of 7/1/2026)
Horizontal Drilling Locations
58 (Red Fork 20, Cherokee Shale 13, Cottage Grove 12, Meramec 9, Woodford 4)
Net Location Resource Potential
~16 MMBoe (operator-reported, unrisked)
Identified Recompletion Candidates
7
The following summarizes our net acreage position for our targeted development drilling formations.
Cottage Grove
3,812
Cherokee / Red Fork
3,333
Meramec
1,943
Woodford
1,470