Exploration & Production | Operational Updates | Exploration & Appraisals
Crescent Point Discovery at Prolific Torquay Site
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Crescent Point Energy Corp. has announced a significant Torquay discovery in southeast Saskatchewan. Over the past 12 months, Crescent Point has delineated a Torquay discovery in its core Flat Lake area of southeast Saskatchewan. This discovery is an extension of the Company's Three Forks resource play in North Dakota. Crescent Point has more than 220 net sections of core-area Torquay land and 400 low-risk Torquay drilling locations on the Canadian side of the border.
Torquay Discovery at Flat LakeTo date, the Company has drilled 36 (35.2 net) horizontal wells targeting the Torquay Formation in its core Flat Lake area in Canada, growing net production from zero to approximately 5,100 boe/d in just 12 months. Crescent Point has identified 400 low-risk, high rate of return development…
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