CALGARY, Oct. 18, 2019 /CNW/ - Crescent Point Energy Corp.
("Crescent Point" or the "Company") (TSX and NYSE: CPG) is pleased
to announce that it has successfully closed the previously
announced sale of its Uinta Basin asset and certain non-core
conventional assets in southeast Saskatchewan.
These accretive dispositions are in-line with the Company's
strategy to focus its asset base and strengthen its balance
sheet.
Crescent Point is a leading North American light oil producer,
driven to enhance shareholder returns by cost-effectively
developing a focused asset base in a responsible and sustainable
manner.
FOR MORE INFORMATION ON CRESCENT POINT ENERGY, PLEASE
CONTACT:
Brad Borggard, Senior
Vice President, Corporate Planning and Capital Markets, or
Shant Madian, Vice
President, Investor Relations and Corporate Communications
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.
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content:http://www.prnewswire.com/news-releases/crescent-point-closes-on-sale-of-uinta-basin-and-non-core-saskatchewan-assets-300941404.html
SOURCE Crescent Point Energy Corp.