Investor Presentaiton slide image

Investor Presentaiton

CRESCENT POINT | CORPORATE PRESENTATION Saskatchewan: Decline Mitigation & OHML Innovation Strong excess cash flow generation bolstered by enhanced oil recovery and new technology implementation Decline Mitigation Low decline rate as a result of commitment to decline mitigation projects, including waterflood and polymer floods Enhances EURS Low F&D costs with attractive long-term economics Total injector conversions across Saskatchewan expected to be ~50% complete by YE 2023 with opportunity for additional conversions Open-Hole Multi-Laterals (OHML) L Viewfield Waterflood & OHML T L D Melrose Unit G Innes Stoughton Unit L Forget Unit B C Unit Kisby Unit 미모 Improving returns by applying new OHML drilling in Viewfield • Recently brought on stream two OHML wells (8-legs) with a strong average peak 30-day rate of ~300 bbl/d per well (100% light crude oil) Enhances EURs, economics and capital efficiencies Huntoon Unit Has delivered organic inventory additions with the potential to implement the technology in other areas within the asset portfolio Viewfield Bakken Pool Boundary Waterflood Unit Boundaries OHML: open hole multi-lateral. F&D: finding and development. EUR: estimated ultimate recoveries. АД Recent OHML Wells 22 22
View entire presentation