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HIGHWOOD ASSET MANAGEMENT LTD. ANNOUNCES WILSON CREEK OPERATIONAL UPDATE

Newswire.ca - Mon Jan 12, 3:30PM CST

CALGARY, AB, Jan. 12, 2026 /CNW/ - 

Wilson Creek Operational Update

Highwood Asset Management Ltd., ("Highwood" or the "Company") (TSXV: HAM) is pleased to announce an operational update regarding its Wilson Creek operations. As previously announced, Highwood drilled 2 gross (~1.8 net) booked locations in the fourth quarter of 2025. The 102/13-02-043-06W5 (the "13-02 well") and the 100/11-33-042-05W5 (the "11-33 well") were completed and brought onstream late in the fourth quarter of 2025.  The wells achieved a cycle time of approximately 50 days with associated capital costs being around 10% below budget.

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