Areas

When Crescent Point began in 2001, we established a clearly defined strategy to acquire, enhance and develop high-quality, large resource-in-place assets. We’ve focused our acquisition efforts in core areas in southern Saskatchewan. We’re also actively pursuing our strategy in emerging plays, such as the Bakken/Three Forks and the Uinta Basin.

We believe our mix of assets – large oil-in-place conventional plays, large low-risk resource plays, early-stage development plays and high-impact exploration – is a solid foundation for continued growth and results.

map

To learn more about our assets, roll over each area on the map below.

 
 
X Coord.Y Coord.IDSizeDescriptionLocation
390 180 will XL

Williston Basin

Size: 2.3 million net acres
Production: Approximately 60% of Company total

The Williston Basin primarily consists of our Viewfield Bakken and Flat Lake light oil pools in Saskatchewan and is our largest production area. The Viewfield Bakken play has been developed into one of the most highly economic in North America and our waterflood development continues to enhance recovery factors in the play. We applied our technologies and techniques that originated in the Viewfield Bakken to unlock our emerging-growth Flat Lake play. Even though we have increased production in Flat Lake by more than 100 percent since 2012, the play remains in its infancy.

 

Our Williston Basin inventory also includes the Bakken and Three Forks formations in North Dakota as well as conventional assets in southeast Saskatchewan and Manitoba.

n
240 140 swsk XL

Southwest Saskatchewan

Size: 940,000 net acres
Production: Approximately 21% of Company total


Our southwest Saskatchewan assets are located in the Shaunavon and Viking resource plays. We own approximately 95 percent of the Shaunavon play’s significant oil pool with over 18 years of identified drilling locations. Our Shaunavon growth plan includes increased drilling activity and further expansion and development of our waterflood program which has shown significant improvements in decline rates and estimated recovery factors.

 

Since entering the Viking light oil resource play in 2012, we have continued to impress with strong results and attractive capital efficiencies. Continued high netbacks and large oil-in-place give the Company significant long-term upside in the Viking.

ne
140 395 uin XL

Uinta Basin

Size: 170,000 net acres
Production: Approximately 7% of Company total

Through an acquisition completed in late 2012, we established a significant position in the Uinta Basin light oil resource play in northeast Utah. We have recently initiated our horizontal drilling program in the area, with wells demonstrating results and generating returns similar to those in the Viewfield Bakken play. We’re in the early stages of discovery and have many years of development remaining.

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Williston Basin

The Williston Basin primarily consists of our Viewfield Bakken and Flat Lake light oil pools in Saskatchewan and is our largest production area. The Viewfield Bakken play has been developed into one of the most highly economic in North America and our waterflood development continues to enhance recovery factors in the play. We applied our technologies and techniques that originated in the Viewfield Bakken to unlock our emerging-growth Flat Lake play. Even though we have increased production in Flat Lake by more than 100 percent since 2012, the play remains in its infancy.

Our Williston Basin inventory also includes the Bakken and Three Forks formations in North Dakota as well as conventional assets in southeast Saskatchewan and Manitoba.

Southwest Saskatchewan

Our southwest Saskatchewan assets are located in the Shaunavon and Viking resource plays. We own approximately 95 percent of the Shaunavon play’s significant oil pool with over 18 years of identified drilling locations. Our Shaunavon growth plan includes increased drilling activity and further expansion and development of our waterflood program which has shown significant improvements in decline rates and estimated recovery factors. Since entering the Viking light oil resource play in 2012, we have continued to impress with strong results and attractive capital efficiencies. Continued high netbacks and large oil-in-place give the Company significant long-term upside in the Viking.

Uinta Basin

Through an acquisition completed in late 2012, we established a significant position in the Uinta Basin light oil resource play in northeast Utah. We have recently initiated our horizontal drilling program in the area, with wells demonstrating results and generating returns similar to those in the Viewfield Bakken play. We’re in the early stages of discovery and have many years of development remaining.