Operator · Uinta Basin Play
Crescent Point Energy Corp.
75 articles mentioning Crescent Point Energy Corp. · Page 2 of 4
Crescent Point Talks 2020 Plans; Only Minimal Cuts to Spending, Drilling YOY
Crescent Point Energy Corp. has detailed its 2020 budget. The budget is comparable to 2019 in both spending (8% less YOY) and production (flat YOY adjusted for dispositions). The plan is based upon US$50/bbl WTI. Crescent...
Crescent Point Reports Q3 2019 Results
Crescent Point Energy Corp. reported its Q3 2019 results. Highlights: Executed approximately $950 million of dispositions year-to-date 2019 and continue to work toward finalizing the monetization of certain gas infrastructure assets in Saskatchewan. Estimated net debt...
Crescent Point Details Q3 2019 Results
Crescent Point Energy Corp. reported its Q3 2019 results. Highlights: Executed approximately $950 million of dispositions year-to-date 2019 and continue to work toward finalizing the monetization of certain gas infrastructure assets in Saskatchewan. Estimated net debt...
Crescent Point Closes on Unita Basin, Saskatchewan Divestitures
Crescent Point Energy Corp. has closed both of its recently announced asset sales, including: The sale of its entire Uinta Basin portfolio for $525 million to an undisclosed buyer. This deal signals the company's exit from...
Crescent Point Talks Q2 2019 Results, Outlook
Crescent Point Energy Corp. reported its Q2 2019 results - here are the highlights: Key Highlights: Reduced net debt by over $450 million year-to-date 2019, primarily driven by excess cash flow and disciplined capital spending. Achieved...
Crescent Point Details Q1 2019 Results
Crescent Point Energy Corp. reported its operating and financial results for the quarter ended March 31, 2019. Highlights: Increased cash flow in 2019 based on return-focused capital allocation, lower costs, higher commodity prices and improved oil...
Crescent Point Nominates Two New Directors to Board
Crescent Point Energy Corp. reported that James E. ("Jim") Craddock and Jennifer F. Koury will stand for election to its Board of Directors at the Company's upcoming Annual General Meeting. About Craddock Mr. Craddock has served...
Crescent Point Full Year 2018 Activity
Here is a quick summary of 2018 activities.
Crescent Point Adds ARC Resources Founder to Board
Crescent Point Energy Corp. announced the appointment of John P. Dielwart to its Board of Directors, effective March 7, 2019. About Dielwart Mr. Dielwart is one of ARC Resources Ltd.'s founders, held the position of Chief...
Crescent Point Cuts Spending 28% for 2019; Talks Spending by Area
Crescent Point Energy Corp. has announced its 2019 budget. Highlights: - 2019 Capex: $1.2-1.3 billion (down 30% from 2018 ($500 million)) - Production Guidance: 170,000-174,000 BOEPD 2019 Spending by Area *Key Focus is comprised of the...
Crescent Point IDs 2019 CapEx; Asset Sales
Crescent Point Energy reported its 3Q results. Highlights: The company completed its re-organization that was announced back in September. This re-org involved a workforce reduction of 17%, appointment of Craig Bryksa as President & CEO as...
Crescent Point Taps New CEO; Plans to Cut 17% of Workforce
Crescent Point Energy has appointed Craig Bryksa as President and CEO, the adoption of a new clearly defined transition plan with measurable deliverables and the appointment of Robert (Bob) Heinemann as the new Chairman of the...
Crescent Point Lowers Production Guidance for 2018; Mgmt 'Assessing Future Strategy'
Crescent Point Energy reported its operating and financial results for the quarter ended June 30, 2018. Interim CEO Assessing Strategy Currently Craig Bryksa, interim President and CEO, and his new senior leadership team are assessing and...
Two Crescent Point Execs Step Down; New COO Named
Crescent Point Energy Corp. has reported changes to its executive management team. Ryan Gritzfeldt, formerly the Vice President, Marketing and Innovation, and prior to that, Vice President, Engineering and Business Development East, has assumed the role...
New CEO Takes Helm of Crescent Point Energy
Crescent Point Energy has reported that Craig Bryksa has taken over as interim President and CEO of Crescent Point, replacing Scott Saxberg. As part of the transition, Bryksa has also replaced Saxberg on the Board as...
Crescent Point Talks Uinta, Duvernay Q1 Activity; Touts Production
Crescent Point has detailed its Q1 2018 drilling activity. Uinta Basin Activity Current production from the combined Wasatch and Uteland Butte zones is ahead of expectations at approximately 3,100 boe/d after 45 days and is comprised...
Crescent Point IDs 2018 Capex, Plans; Expands Drilling Inventory at Year-End 2017
Crescent Point reported its Q4 and full year 2017 results as well as its 2018 outlook. 2018 Plan - 2018 Capex: $1.8 billion (up +24% from $1.45 billion spent in 2017) Williston: $990 million SW Saskatchewan:...
Crescent Point IDs 2018 Capex; Bets Bulk on Williston Basin
Crescent Point has detailed its 2018 capital budget. The reduction in activity seems to be concentated in the SW Saskatchewan asset where the company is planning to reduce its planned wells by 60 compared to 2017....
Crescent Point Drills 251 Wells in Q3; Reports D&C Capex of $423.7MM
Crescent Point reported its Q3 results. Highlights include: Increased production guidance for 2017 average daily production to 175,500 boe/d from 174,500 boe/d Average daily production in Q3 was 176,609 boe/d, an increase of more than 15,000...
Crescent Point Focuses on Bakken Downspacing in Q2; XRL Uinta Laterals Boost Results
Crescent Point has announced operational and financial Q2 2017 results. Highlights include: In the second quarter, Crescent Point achieved average production of 175,615 boe/d which is an increase of about 5% from Q1. Q2 focused on...