Skip to Main Content

Crescent Point Energy Provides Further Update on Alberta Wildfires

May 16, 2023

CALGARY, AB, May 16, 2023 /CNW/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX and NYSE: CPG) advises that it has shut-in its Kaybob Duvernay production due to the ongoing Alberta wildfires. A portion of this production was recently reactivated in the prior week, however Crescent Point is temporarily shutting back-in the remainder of its 45,000 boe/d of production in the area as a precautionary measure due to changing wildfire conditions. No damage has been reported to the Company's assets.

Crescent Point Energy Corp. Logo (CNW Group/Crescent Point Energy Corp.)

Crescent Point continues to work with local officials, regulators, and industry partners to ensure everyone's safety in the area and plans to restart production once permitted to do so. The Company will provide another update to this evolving situation when appropriate.

Crescent Point continues to thank its staff, industry partners, emergency responders and firefighters for their hard work and dedication to protecting our communities. 

FOR MORE INFORMATION ON CRESCENT POINT ENERGY, PLEASE CONTACT:
Shant Madian, Vice President, Capital Markets, or
Sarfraz Somani, Manager, Investor Relations
Telephone: (403) 693-0020 Toll-free (US and Canada): 888-693-0020  Fax: (403) 693-0070
Address: Crescent Point Energy Corp. Suite 2000, 585 - 8th Avenue S.W. Calgary AB  T2P 1G1

www.crescentpointenergy.com

Crescent Point shares are traded on the Toronto Stock Exchange and New York Stock Exchange under the symbol CPG.

SOURCE Crescent Point Energy Corp.

Recent News Releases

Veren Announces Q3 2024 Results & Updated Outlook

Oct 31, 2024

Veren Inc. ("Veren" or the "Company") (TSX: VRN) (NYSE: VRN) is pleased to announce its operating and financial results for the quarter ended September 30, 2024, revised 2024 guidance, 2025 budget...

Veren Confirms Quarterly Dividend

Oct 31, 2024

Veren Inc. ("Veren", or the "Company") (TSX: VRN) (NYSE: VRN) announces its Board of Directors has approved and declared a quarterly cash base dividend of $0.115 per share. The base dividend is...

Veren Announces Q3 2024 Conference Call

Oct 24, 2024

Veren Inc. ("Veren", or the "Company") (TSX: VRN) (NYSE: VRN) plans to report its third quarter 2024 financial and operating results via press release prior to the opening of markets on Thursday,...