{"id":1513,"date":"2021-08-18T06:41:23","date_gmt":"2021-08-18T06:41:23","guid":{"rendered":"https:\/\/pointwestresources.com\/?page_id=1513"},"modified":"2023-02-27T16:28:10","modified_gmt":"2023-02-27T16:28:10","slug":"assets","status":"publish","type":"page","link":"https:\/\/pointwestresources.com\/?page_id=1513","title":{"rendered":"Assets"},"content":{"rendered":"\n
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Strong Operational Execution, Long Term Value Creation<\/strong><\/h2><\/div>
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Chip Lake – Robust Economics and Infrastructure<\/h3><\/div>

The Chip Lake Oilfield with robust economics and infrastructure supports is Free Funds Flow engine. The development plan focused on organic growth is designed to materially increase cash flow by increasing production, reducing cash cost per boe and increasing margins. The asset is jointly owned by Point West, Sinopec Canada and Border Petroleum under Joint Operating Agreement. The self-owned and operated Central Battery and gas gathering pipelines with ample processing and transportation capacity enable robust growth plan to ramp up production and increase development pace to capture value from stronger commodities futures.
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Montney – Strategic Land Position<\/h3><\/div>

Point West has a large contiguous Montney acreage position totaling 10,880 net acres in Grande Prairie and Gold Creek area, which provide an expected more than 15 years of low-risk, high deliverability drilling inventory with scale and repeatability. The lands are within the prolific Montney oil window. Total isopach ranges from 250m to 300m in thickness. Large Montney players in the region such as Pipestone Energy, Spartan Delta, Nuvista, Paramount have delivered stacked, multiple-zone growth projects and built deep inventory of economic drilling locations.  Point West has identified two major layers (Upper Middle Montney, Lower Middle Montney) to maximize returns.  Point West also have mineral rights of Halfway, Dunvegan, Charlie Lake, Cadomin, which are above Montney rights. Management believes such zones also have excellent prospectivity.<\/p><\/div><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_uag_custom_page_level_css":"","site-sidebar-layout":"no-sidebar","site-content-layout":"plain-container","ast-global-header-display":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"disabled","ast-breadcrumbs-content":"","ast-featured-img":"disabled","footer-sml-layout":"","theme-transparent-header-meta":"enabled","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":""},"uagb_featured_image_src":{"full":false,"thumbnail":false,"medium":false,"medium_large":false,"large":false,"1536x1536":false,"2048x2048":false},"uagb_author_info":{"display_name":"zhangbao.ma@gmail.com","author_link":"https:\/\/pointwestresources.com\/?author=1"},"uagb_comment_info":0,"uagb_excerpt":null,"_links":{"self":[{"href":"https:\/\/pointwestresources.com\/index.php?rest_route=\/wp\/v2\/pages\/1513"}],"collection":[{"href":"https:\/\/pointwestresources.com\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/pointwestresources.com\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/pointwestresources.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/pointwestresources.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1513"}],"version-history":[{"count":45,"href":"https:\/\/pointwestresources.com\/index.php?rest_route=\/wp\/v2\/pages\/1513\/revisions"}],"predecessor-version":[{"id":2027,"href":"https:\/\/pointwestresources.com\/index.php?rest_route=\/wp\/v2\/pages\/1513\/revisions\/2027"}],"wp:attachment":[{"href":"https:\/\/pointwestresources.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1513"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}