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Crescent Point Drills 128 Wells in 2Q 2014, Grows Production
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Crescent Point Energy Corp. has announce its operating and financial results for the quarter ended June 30, 2014.
2Q 2014 Highlights In second quarter 2014, Crescent Point continued to execute its integrated business strategy of acquiring, exploiting and developing high-quality, long-life light and medium oil and natural gas properties. Crescent Point achieved a new production record in second quarter 2014 and grew production per share by approximately 10 percent over second quarter 2013. Production averaged 137,368 boe/d in the quarter, which was weighted 91 percent to light and medium crude oil and liquids. This represents an increase of more than 19,500 boe/d over second quarter 2013. During the quarter, the Company spent $211.4 million on drilling and development activities, drilling…- ✓ Full news archive — U.S., Canada & international coverage
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