Scandinavian Oil-Gas Magazine
http://www.scandoil.com/moxie-bm2/news/crescent-point-energy-declares-2016-capital-expend.shtmlCrescent Point Energy declares 2016 capital expenditures plan
Crescent Point Energy Corp. has declared its capital expenditures plans for 2016. Crescent Point expects to spend between $950 million and $1.3 billion to target an
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Crescent Point Energy Corp. has declared its capital expenditures plans for 2016.
Crescent Point expects to spend between $950 million and $1.3 billion to target an annual average production range of 165,000 boe/d to 172,000 boe/d in 2016.
This represents an average production increase of approximately one to five percent compared to 2015 guidance and a decrease in planned capital expenditures of approximately 16 to 39 percent versus 2015 estimates.
