Crescent Point cuts capex by 28%

Canada’s Crescent Point Energy has said it will slash its capital expenditure budget by 28% to $1.45 billion next year to account for tumbling oil prices.

Conserving capital: Crescent Point plans lower spending this year amid falling oil prices
Conserving capital: Crescent Point plans lower spending this year amid falling oil prices
Published 6 January 2015, 15:47Updated 6 January 2015, 15:50
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