Crescent Point Energy Corp. says it is cutting its capital spending budget for 2021 because of the ongoing volatility in oil prices. The Calgary-based company says it plans to spend between $475 million and $525 million next year, trimming $25 million from a preliminary budget it released with its third-quarter results report in late October. […]
Oil and gas producer Crescent Point Energy Corp. says it is selling Saskatchewan midstream assets for $500 million as part of a divestiture strategy adopted following a management shakeup last year. The Calgary company says it has struck a deal to sell nine natural gas processing facilities and two gas sales pipelines with total throughput […]
An investigation is underway after an oilfield worker was killed this week at a work site near Stoughton. Crescent Point Energy says the death happened on Monday. The employee was working for Weyburn’s Aaron Well Servicing. No other details are available at this time due to the on-going investigation. Stoughton is about 145 kilometers southeast […]
