Crescent Point Boosts 2017 Budget

摘要

Canadian light oil and gas producer Crescent Point Energy said this week it will increase its 2017 capital budget by 31% from this year to C$1.45 billion ($1.10 billion) and boost production by 10%. The Calgary-based company, which has core operations in southwestern Saskatchewan, the Williston Basin and the Uinta Basin in the US, expects to finish 2017 producing 183,000 barrels of oil equivalent per day.