Crescent Point, Penn West bulk up land positions tAnd what does that have to do with DZR you ask?
Crescent Point isobtaining Penn West's Lower Shaunavon properties. Since Diaz owns someLower Shaunavon rights this may bode well for additional oilopportunities in Saskatchewan. But first DZR needs to get the cashflow pumped up and hopefully Lloydminster will do that.
In any event, the fact that Crescent Point is putting big money into the Lower Shaunavon shows that they think the play is a good one. Hopefully that bodes well for Diaz shareholders and any future Shaunavon drilling. Meanwhile, let's hope that Lloydminster well number three comes in with some nice production numbers. I expect, based on well number two, that this data will take 2-3 weeks.