The Cantuar property is a medium gravity crude oil pool with 489 mmbbls of original oil in place. Crescent Point holds a 55 percent working interest in the non-operated property. The Trust’s share of production from the property is approximately 2,900 boe/d, comprised 99 percent medium gravity crude and one percent natural gas.

Cantuar commenced production in 1953 and has recovered only 14 percent of original oil in place to date. Crescent Point acquired the property in early 2006. In 2007, the Trust participated in the drilling of 5 (2.8 net) wells at Cantuar, including two 20 acre downspaced wells, achieving a 100 percent success rate, and adding over 80 boe/d of interest production. Since acquiring the property in 2006, the Trust has added over 8.5 mmboe of proved plus probable reserves to a total of 18.4 mmboe at year end 2007.

Independent engineers book a recovery factor of 20 percent as of year end 2007. Crescent Point’s technical team works closely with the Cantuar operator to optimize future development plans, and the team believes that the recovery factor could be increased to 35 percent over the coming years through infill drilling and waterflood optimization. This increase in recovery factors is based on studies of analog pools, such as Battrum, and would result in an incremental net 39.8 mmbbls of proved plus probable reserves.