Investor Presentaiton
CRESCENT POINT | CORPORATE PRESENTATION
Reserves and Drilling Data
All reserves data for CPG contained in this presentation, and effective for the year ended 2022, is contained in the Corporation's AIF for the year ended, December 31, 2022 and in our
material change reports dated April 6, 2023 and September 1, 2023, available on SEDAR+ (the "Reserves Report") and prepared in accordance with the standards contained in NI 51-101
and the COGE Handbook that were in effect at the relevant time. All reserves data for the acquired assets contained in this presentation, and effective as of November 1, 2023, is based
on a reserve report prepared by McDaniel, and are referenced in our press release dated November 6, 2023, available on SEDAR+, and will be contained in a material change report to be
filed on SEDAR+ on or before November 16, 2024 and prepared in accordance with the standards contained in NI 5-101 and the COGE Handbook that we in effect at the relevant time.
There are numerous uncertainties inherent in estimating quantities of crude oil, natural gas and NGL reserves and the future cash flows attributed to such reserves. The reserve and
associated cash flow information set forth above are estimates only. In general, estimates of economically recoverable crude oil, natural gas and NGL reserves and the future net cash
flows therefrom are based upon a number of variable factors and assumptions, such as historical production from the properties, production rates, ultimate reserve recovery, timing and
amount of capital expenditures, marketability of oil and natural gas, royalty rates, the assumed effects of regulation by governmental agencies and future operating costs, all of which may
vary materially. For these reasons, estimates of the economically recoverable crude oil, NGL and natural gas reserves attributable to any particular group of properties, classification of
such reserves based on risk of recovery and estimates of future net revenues associated with reserves prepared by different engineers, or by the same engineers at different times, may
vary. The Company's actual production, revenues, taxes and development and operating expenditures with respect to its reserves will vary from estimates thereof and such variations
could be material.
IP30 Production Results from Kaybob Duvernay Wells by Product Type
On Prod
Condensate
Q1 23
51%
Q2 23
73%
Q3 23
66%
NGL
15%
8%
11%
Shale Gas
34%
19%
23%
On Prod
Peak 30-day Production from Kaybob Duvernay Wells by Product Type
Condensate
NGL
Shale Gas
Condensate
IP90 Production Results from Kaybob Duvernay Wells by Product Type
On Prod
NGL
Shale Gas
Q1 23
43%
18%
39%
Q1 23
44%
18%
38%
Q2 23
Q1 23
73%
70%
8%
19%
Q2 23
70%
9%
21%
13%
17%
Q3 23
N/A
N/A
N/A
IP30 Production Results from Alberta Montney Wells by Product Type
Peak 30-day Production from Alberta Montney Wells by Product Type
IP90 Production Results from Alberta Montney Wells by Product Type
On Prod
Light Crude Oil
NGL
Shale Gas
On Prod
Light Crude Oil
NGL
Shale Gas
On Prod
Light Crude Oil
NGL
Shale Gas
Q1 23
87%
2%
11%
Q1 23
81%
3%
16%
Q1 23
84%
2%
14%
Q2 23
82%
3%
15%
Q2 23
64%
7%
29%
Q2 23
71%
6%
23%
Q2 23
50%
9%
41%
Q2 23
42%
11%
47%
Q2 23
43%
11%
46%
Q2 23
75%
3%
22%
Q2 23
71%
4%
25%
Q2 23
60%
6%
34%
Q3 23
69%
4%
27%
Q3 23
63%
5%
32%
Q3 23
58%
6%
36%
Q3 23
90%
2%
8%
Q3 23
90%
2%
8%
Q3 23
N/A
N/A
N/A
Q3 23
63%
7%
30%
Q3 23
63%
7%
30%
Q3 23
N/A
N/A
N/A
Peak 30-day Production from HHRS Alberta Montney Wells by Product Type
On Prod
Q3 23
Light Crude Oil
57%
NGL
9%
Shale Gas
34%
40
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