November 2010 Presentation

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Road_Warrior

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November 2010 Presentation

posted on Nov 05, 2010 08:22AM

The November 2010 Presentation is now availabile and I have placed it in the Link Library in the column on the left of the page.

It can also be accessed here:

http://www.crescentpointenergy.com/documents/presentations/CPG-2010-11-04-CorpPres.pdf

What is new are the slides on Crescent Points waterflood programs containing production graphs on pages 17 to 25. Also Crescent Points current production rate has been updated to 65,548 boe/d and it's yearly average has been updated to 61,000 boe/d in 2010 on page 7. Page 28 shows that Crescent Points guidance for 2010 production is greater than 71,000 boe/d which is very encouraging.

I would expect that when Crescent Point surpasses these numbers at the end of the 4th quarter by a healthy margin, that there will be a large share price rise as Crescent Point returns to beating the market's expectation after the minor production setback in Q-2. Previously Crescent Point has exceeded expectations with every new quarter going back many years.