Crescent Point Energy Corporate Presentation Annual General Meeting 2016 1
Q1 2016 AND YEAR-END 2015 REVIEW Record production of 178,241 in Q1 2016 provides increased flexibility to manage low oil prices during 2016 and improves positioning for 2017 Reduced overall capital cost structure by 35% relative…
15 YEARS OF SUCCESS OUR PEOPLE We believe in working hard and pride ourselves on being fast-moving industry leaders Location and Number of Employees Calgary 430 Denver 70 Weyburn 136 Shaunavon 45 Carlyle 127 Utah 43 Swift…
BUSINESS STRATEGY Develop and Enhance Assets Increase recovery factors through step-out and infill drilling, waterflood optimization and improved technology Maintain high netbacks with low operating, royalty and transportation…
15 YEARS OF SUCCESS FOCUSED ASSET BASE Viewfield Bakken Flat Lake Viewfield Bakken OOIP 2.8 billion barrels OOIP 4.6 billion barrels Torquay Midale Shaunavon Uinta Basin Ouray Valley Gusher Horseshoe Aurora…
15 YEARS OF SUCCESS TECHNOLOGY ADVANCEMENTS 1000 Viewfield Bakken well ROR (3 twp core) 500% increase in rate of return 800 Rate of Return % 600 400 200 Closable Sliding Sleeve Technology 0 Surgifrac 16 Stage…
15 YEARS OF SUCCESS ACQUISITION AND ORGANIC VALUE CREATION Acquisition Value Creation Estimated Current 2P Initial 2P Reserves Production Reserves Total 2P Reserves Increase in % Increase Property (Mboe) (Mboe) (Mboe) (Mboe) 2P…
15 YEARS OF SUCCESS GROWING OUR CORE ASSETS Average Production Drilling Inventory 15,000 Unrisked Net Drilling Locations 200,000 2016 Guidance: 14,000 160,000 165,000 boe/d Net potential 10,000 Boe/d drilling locations…