Crescent Point Energy - Assets and Holdings

Assets and Holdings

Crescent Point has more than 10 billion barrels (1.6×10^9 m3)of original oil in place and a reserve life index of 14.3 years on a proved plus probable basis. The company's two major resource plays are the Bakken, in southeast Saskatchewan, and Shaunavon, in southwest Saskatchewan.

Crescent Point has other key properties in Saskatchewan, including Manor, Tatagwa, Dodsland/Plato and Battrum/Cantuar.

Emerging plays include southern Alberta, where Crescent Point has amassed more than one million net acres of land, and Flat Lake, an area in southern Saskatchewan, North Dakota and Utah.

In May 2012, Crescent Point acquired Canadian oil company Cutpick Energy for C$425 million.

Read more about this topic:  Crescent Point Energy

Famous quotes containing the word holdings:

    Polarized light showed the secret architecture of bodies; and when the second-sight of the mind is opened, now one color or form or gesture, and now another, has a pungency, as if a more interior ray had been emitted, disclosing its deep holdings in the frame of things.
    Ralph Waldo Emerson (1803–1882)