Crescent Point Energy Trust

Cresecent Point Energy Corp. (TSX: CPG) is an oil & gas production company based in Calgary, Alberta, Canada. The company focuses primarily on crude oil production in southern Saskatchewan. As of year-end 2010, Crescent Point employs more than 500 people. Crescent Point's 2011 capital expenditures budget has been set at $800 million. Execution of the budget is expected to increase average daily production to more than 72,500 boe/d, weighted approximately 90% to oil. Crescent Point expects to exit 2011 producing more than 75,000 boe/d. Crescent Point has more than 10 billion barrels of original oil in place and a reserve life index of 14.3 years on a proved plus probable basis. The company's two major resource plays are the Bakken, in...