Staggering Production Reported By Three MRO Wells -- February 7, 2022

Crescent Point; looking to sell some of its assets in Albert and Saskatchewan

• USD400 million anticipated
• 10,554 boepd
• back-of-the-envelope: $38K / boepd
• company has been eyeing sales of non-core assets since it took over Shell's Kaybob Duvernay assets for C$900 million
  

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Active rigs:

$91.32	2/7/2022	02/07/2021	02/07/2020	02/07/2019	02/07/2018
Active Rigs	34	15	54	63	58

Two new oil and gas permits: #38775, and #38777:

• Operator: Hunt
• Field: Ross (Mountrail)
• Comments;
• Hunt has permits for two new Palermo wells; to be sited in SWSW 5-156-90, Ross oil field;
• #38775, 400 FSL and 690 FWL; and,
• 38777, 400 FSL and 720 FWL

Four producing wells (DUCs) reported as completed:

• 33574, 2,328, Grayson Mill (Equinor) Irene Hovland 26-35 XE 1H, East Fork, no production data,
  
• 38575, 104, True Oil, Red WIng Creek Unit 32-27A, Red Wing Creek, no production data,
  
• 33566, 2,337, Grayson Mill, Jennifer 26-35 5H, East Fork, no production data,
  
• 37773, 5,128, MRO, Perry USA 41-6TFH, Reunion Bay; first production, 8/21; t--; cum 255K 12/21;

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	12-2021	31	26703	26849	20435	56878	55742	0
BAKKEN	11-2021	30	46158	46245	23281	85870	84098	0
BAKKEN	10-2021	31	67554	67708	42090	94279	91938	0
BAKKEN	9-2021	29	77734	77433	63132	87303	84475	467
BAKKEN	8-2021	13	36345	35980	34235	39901	37261	548
BAKKEN	7-2021	2	0	0	5	59	0	59

Wells of interest:

• 18800, 129, MRO, Everett Fisher USA 41-6H, Reunion Bay, t7/10; cum 527K 12/21; recent production; 25x jump in production after ten years of production;

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	12-2021	22	11379	11483	5687	21346	20876	0
BAKKEN	11-2021	30	24253	24280	13903	37945	37061	0
BAKKEN	10-2021	31	33008	32976	20218	39638	38535	0
BAKKEN	9-2021	30	25500	25647	24378	28366	27396	172
BAKKEN	8-2021	29	36363	35998	99154	51854	48761	971
BAKKEN	7-2021	0	0	0	0	0	0	0
BAKKEN	6-2021	0	0	0	0	0	0	0
BAKKEN	5-2021	0	0	0	0	0	0	0
BAKKEN	4-2021	0	0	0	0	0	0	0
BAKKEN	3-2021	23	1070	1422	319	1596	1178	223
BAKKEN	2-2021	28	1431	1345	337	2158	1624	286

• 18230, 552, MRO, Fisher USA 21-5H, Reunion Bay, t11/09; cum 500K 12/2; recent production, 24x jump in production after more than ten years of production:
  

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	12-2021	31	28790	28875	17102	45509	43228	0
BAKKEN	11-2021	30	38482	38563	28639	49590	46586	0
BAKKEN	10-2021	27	27469	27209	26045	31739	29597	0
BAKKEN	9-2021	30	39331	39775	54097	47402	44308	0
BAKKEN	8-2021	20	38379	37758	91402	40602	36590	1676
BAKKEN	7-2021	0	0	0	0	0	0	0
BAKKEN	6-2021	0	0	0	0	0	0	0
BAKKEN	5-2021	0	0	0	0	0	0	0
BAKKEN	4-2021	16	823	1245	224	790	629	19
BAKKEN	3-2021	31	1749	1849	346	1649	1359	0
BAKKEN	2-2021	28	1684	1587	328	1735	1197	270