Point Resources at a Glance
Point Resources has an exciting portfolio of assets and visibility for significant production growth in its current portfolio.

 Point Resources Fast Facts

  • Established in 2016 following the merger of Pure E&P, Core Energy and Spike Exploration

  • NCS focused

  • Holds a diverse portfolio of 47 licences including production, development and exploration assets
  • Focused on 4 core areas:
    • Halten area: Hyme field, Bauge development, Pil & Bue and Noatun discoveries
    • Horda area: Brage field, Brasse discovery
    • Tampen area: Snorre field, Garantiana and Beta discoveries
    • Viking Graben area: Bøyla field
  • 3 producing fields:
    • Brage (12.3%)
    • Snorre (1.1%)
    • Bøyla (20.0%)

  • Development projects include: Bauge (17.5%), Pil and Bue (45%), Garantiana (30%) and Brasse (50%)

  • Average production in 2016 was 6,400 boe/day

  • 158 mmboe in total reserves and contingent resources (2P & 2C)
    • Reserves: 14 mmboe
    • Contingent resources: 144 mmboe

  • Team with experience across the value chain

  • Offices in Oslo and Stavanger

  • Strong capital base available for future profitable growth