Reliable Energy Ltd. (Reliable) is an oil and gas exploration and production company with its core properties located in southwest Manitoba and southeast Saskatchewan and secondary properties located in Blaine County, Montana and Alberta. The Company is engaged in the exploration for and development of light crude oil properties in Western Canada. Its Production in Manitoba is light sweet crude oil and assets include producing oil reserves and crude oil reserves along with land. As of December 31, 2010, the Company had no natural gas production. As December 31, 2010, Reliable held approximately 349,000 gross acres (197,000 net acres) of undeveloped lands. The Company holds a 100% ownership in a land holding in the Trochu Basin in Central Alberta. In May 2012, Crescent Point Energy Corp. acquired Reliable.