Crescent Point Energy Corp. confirms October 2009 dividend

CALGARY, Oct. 15 /CNW/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") confirms that the cash dividend to be paid on November 16, 2009 in respect of October 2009 production, for shareholders of record on October 31, 2009 will be $0.23 per share. The ex-dividend date is October 28, 2009.

Crescent Point Energy Corp. is a conventional oil and gas producer with assets strategically focused in properties comprised of high quality, long life, operated, light oil and natural gas reserves.

CRESCENT POINT ENERGY CORP.

    Scott Saxberg,
    President and Chief Executive Officer

    Shares of Crescent Point are traded on the Toronto Stock Exchange under
    the symbol CPG.

For further information: ON CRESCENT POINT ENERGY CORP. PLEASE CONTACT: Greg Tisdale, Chief Financial Officer or Trent Stangl, Vice President Marketing and Investor Relations, Telephone: (403) 693-0020, Toll free (US & Canada): 888-693-0020, Fax: (403) 693-0070, website: www.crescentpointenergy.com