Crew’s Lloydminster asset is situated in the Saskatchewan/Alberta border region near the city of Lloydminster, Saskatchewan. Production from the area is comprised of 12º to 14º API heavy oil from several stacked Cretaceous aged reservoirs.
Development includes conventional vertical and horizontal wells completed for primary and secondary waterflood production from these reservoirs. The majority of Crew's oil production from Lloydminster is gathered and processed at our 100% owned oil battery which is directly tied into the Manito Pipeline System.
As at December 31, 2019, the Sproule Report assigned proved plus probable reserves of 7,567.5 Mbbl of heavy crude oil and 82 Mmcf of natural gas to Crew’s interests in the Lloydminster area. At year-end 2019, the Corporation owned 45,216 net acres of land with an average working interest of 91.7% in the area.