Crescent Point plans $1.05B to $1.15B in development capital expenditures for 2024

Crescent Point Energy Corp. says it plans to spend $1.05 billion to $1.15 billion on development capital expenditures next year. The Crescent Point Energy Corp. logo is shown in this undated handout photo. THE CANADIAN PRESS/HO, *MANDATORY CREDIT*

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CALGARY - Crescent Point Energy Corp. says it plans to spend $1.05 billion to $1.15 billion on development capital expenditures next year.

Based on the plan, the company says it expects annual average production of 145,000 to 151,000 barrels of oil equivalent per day in 2024.

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