The Company has interests in three producing fields: Brage, Bøyla and Snorre.
It also has several significant discoveries in its portfolio including Bauge, Pil & Bue, Garantiana and Brasse.
The Company’s reserves and contingent resources are currently 158 mmboe and average production for 2016 was 6,400 boe/d.
The Company’s management team has experience in all phases of the oil field life cycle and a track record of value creation on the NCS.
Point Resources has a robust capital base with backing from Europe’s leading private equity firm in the oil and gas sector, HitecVision, and efficient reserve based lending and exploration financing structures in place with a syndicate of international banks.
The Company’s offices are in Oslo and Stavanger.