Home Crescent Point Energy cuts capital budget by 16-39% in response to lower prices
 

Keywords :   


Crescent Point Energy cuts capital budget by 16-39% in response to lower prices

2016-01-07 15:03:18| Real Estate - Topix.net

Crescent Point Energy Corp. says it expects to spend significantly less on capital projects than last year, with a 2016 budget of between $950 million and $1.3 billion. That will be 16 to 39 per cent below 2015 levels, although the Calgary-based oil and gas producer will increase production by about five per cent compared with last year.

Tags: point prices lower capital

Category:Real Estate

Latest from this category

All news

»
27.11
27.11 15178 12
27.11cwx
27.11BURTON ION BOA
27.11
27.11NIKE 5 25.0
27.11 XL
27.11Dye i5 Fire 2.0/
More »