CRESCENT POINT DRIVES PRODUCTION COST REDUCTION USING AFTI WATCHDOG

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FOR IMMEDIATE RELEASE

 

 

 

AFTI WatchDog is pleased to announce that Crescent Point Energy Corp. (“Crescent Point”) (TSX and NYSE: CPG) has selected the AFTI WatchDog as a key service provider to support its field automation strategy.

AFTI WatchDog is the industry leader for low-cost oil well and pipeline monitoring.
Our mission, to remove the routine well-site visit, has delivered thousands of hours
back to field operators and operations groups. WatchDog reduces equipment
failures and potential environmental incidents while allowing operators to
maximize production without additional labour costs.

“We are very excited about working with Crescent Point as it expands its well-site
automation program,” said Len Johnson, CEO of AFTI WatchDog. “The information
produced by WatchDog is expected to assist Crescent Point in optimizing
production, reducing downtime and lowering its operating expenses. We believe
that WatchDog is unique in offering these benefits at a very low cost.”

“Crescent Point is pleased to partner with AFTI WatchDog as we continue our efforts
to improve our overall efficiencies,” said Rob Fiorentino, Director of Operations
Engineering of Crescent Point. “We have already seen the benefits of field
automation in our operations and are excited about working alongside AFTI to
optimize production and reduce our cost structure.”

AFTI WatchDog is a Calgary based company which, through its WatchDog platform,
offers well site monitoring technology. WatchDog is used by most major producers
in the Western Canadian Sedimentary Basin.


AppleMark

Crescent Point is a leading North American light oil producer, driven to
enhance shareholder returns by cost-effectively developing a focused asset base in a responsible and sustainable manner.


Contact: Steve Robb, CEO
Advanced Flow Technologies Inc.(AFTI)