Crescent Point Energy announced major discovery

Crescent Point Energy announced a major oil discovery in Torquay of southern Saskatchewan in flat areas.
We believe that production can be like that in Torquay area in North Dakota Bakken region. In 2013, Crescent Point statement proved probable reserves of 1120 million barrels of oil equivalent in Torquay (MMBOE).
The company speculates the total capital expenditure budget of Crescent Point this year is $ 1.75 billion.