Crescent Point announces work in Lodgepole play following large Saskatchewan land sale

Crescent Point announces work in Lodgepole play following large Saskatchewan land sale

By Brian Zinchuck, Pipeline News

Dec. 15, 2017

Image: Joey Podlubny/JWN

Crescent Point CEO Scott Saxberg

It’s not often in Saskatchewan that mineral rights on roughly 500 sections change hands, but the October Crown land sale shows that was roughly the scale of the exploratory licenses that were picked up — about 13.8 townships worth.

A few weeks later, on Oct. 26, Crescent Point Energy Corp., in announcing its 2017 third quarter results, announced they had acquired a substantial amount of land — roughly 600 sections — to target the Lodgepole Formation.

Complete story here.

About prosperitysaskatchewan

Consultant on Saskatchewan's natural resources.

Posted on December 18, 2017, in economic impact, oil, political. Bookmark the permalink. Leave a comment.

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