Crescent Point Energy

Crescent Point Energy sets defensive capital spending budget for 2021

Dec 4, 2020 | 1:23pm

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. […]

Crescent Point Energy selling off some Saskatchewan assets

Nov 15, 2019 | 8:41am

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 […]

Worker killed on oilfield site near Stoughton Monday

Aug 20, 2019 | 5:20am

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 […]