Point Resources works to commercialise and develop its existing discoveries and make value accretive acquisitions which complement the asset portfolio.

Point Resources' portfolio of discoveries are located near its strategic core areas and reflects Point Resources' strategy of capturing the value potential in and around its producing oil and gas fields.

Point Resources' portfolio of discoveries include:

  • Bauge (PL348, 17.5%)
  • Pil & Bue (PL586, 45.0%)
  • Garantiana (PL554, 30.0%)
  • Brasse (PL740, 50.0%)
  • Noatun (PL107, 5.0%)
  • Beta (PL375, 20.0%)

The discoveries are at different stages in the planning process (from DG1 to DG3).

To read more about the Norwegian planning process visit the NPD's website (PDF).

Bauge Development (Previously Snilehorn)
Norwegian Sea – PL348
Halten Area
Planning status: Working towards DG3 (pre-engineering)
Pil & Bue Discoveries
Norwegian Sea – PL586
Halten Area
Planning status: Working towards DG3 (pre-engineering)
Brasse Discovery
North Sea – PL740/B
Horda Area
Planning status: Feasibility studies leading to stage DG1
Garantiana Discovery
North Sea – PL554/B/C
Tampen Area
Planning status: Working towards DG2 (conceptual studies)
Beta Statfjord Nord Discovery
North Sea - PL375/B/C
Tampen Area
Planning status: In hibernation awaiting host capacity
Noatun Discovery
Norwegian Sea – PL107/B/D
Halten Area
Planning status: In hibernation awaiting host capacity