Crescent Point plans $1.35-billion capital budget

摘要

Crescent Point Energy Corp. has set a $1.35-billion capital-development budget for 2013. Execution of the budget is expected to increase average daily production to 112,000 barrels of oil equivalent per day, with a 2013 exit rate of 114,000 barrels per day. The 2013 capital program is consistent with the company's five-year growth models, which forecast long-term production per share growth and dividend sus-tainability under a variety of commodity price scenarios.