By Robb M. StewartCrescent Point Energy said Monday it will stick with its target of producing an average 160,000 to 166,000 barrels of oil equivalent a day this year, after bringing back on stream all output that had been disrupted by the wildfires in the province of Alberta. The Canadian energy company said the full 45,000 boe/d of Kaybob Duvernay production previously shut-in due to the threat of fires was brought back on line over the past week. Crescent Point said it continues to monitor the wildfire situation in Alberta closely. Write to Robb M. Stewart at robb.stewart@wsj.com

Source: Wall Street Journal May 29, 2023 12:12 UTC