Adjusted funds flow from operations as presented is not intended to represent cash flow from operating activities, net earnings or other measures of financial performance calculated in accordance with IFRS. In September 2018, new management established a transition plan centered on its key value drivers of disciplined capital allocation, cost efficiencies and balance sheet improvement. Accretive to debt-adjusted funds flow per share by approximately 11 percent, while also improving the corporate operating netback by approximately five percent, lowering the capital required to sustain annual production and enhancing the Company’s financial flexibility. Address: Crescent Point Energy Corp. Suite 2000, 585 – 8th Avenue S.W. Free cash flow is calculated as adjusted funds flow from operations less capital expenditures, payments on lease liability, asset retirement obligations and other cash items (excluding net acquisitions and dispositions). Calgary AB  T2P 1G1. The Company’s original 2019 budget allocated approximately $150 million in total to its Uinta Basin asset in comparison to approximately $200 million of estimated capital required to sustain annual production of approximately 20,000 boe/d in 2020. Track A&D/M&A transactions by: buyer, seller, deal value, production, reserves, acreage, price per BOE, Access select maps from operator presentations for acreage, acquisitions, trends, and more, Track the latest well results and performance from operators in the Permian-basin, Track spending quarter by quarter as operators adjust spending throughout the year, Property Listings (Assets for sale by Operator, State, County, Region, Type), Still not sure? Canadian securities laws require oil and gas issuers, in their filings with Canadian securities regulators, to disclose not only proved reserves (which are defined differently from the SEC rules) but also probable reserves and permits optional disclosure of “possible reserves”, each as defined in NI 51-101. "symbolActiveColor": "#F2FAFE", Canada’s Crescent Point Energy Corp said on Tuesday it would exit Uinta Basin in Utah and sell parts of its assets in southeast Saskatchewan for about $912 million as it looks to cut debt under a new management. "title": "Commodities", Prior to joining BTU Analytics, he was a hydraulic fracturing field engineer at BJ Services. Also, estimates of reserves and future net revenue for individual properties may not reflect the same confidence level as estimates and future net revenue for all properties due to the effect of aggregation. This implies approximately $100 million of incremental share repurchases during the remainder of 2019. To get full access now. The material assumptions are disclosed in the Management’s Discussion and Analysis for the year ended December 31, 2018, under the headings “Capital Expenditures”, “Liquidity and Capital Resources”, “Critical Accounting Estimates”, “Risk Factors”, “Changes in Accounting Policies” and “Outlook” and are disclosed in the Management’s Discussion and Analysis for the quarter ended June 30, 2019 under the headings “Derivatives”, “Liquidity and Capital Resources”, “Changes in Accounting Policy” and “Outlook”.

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