Calgary-based Crescent Point Energy Corp. is focused on producing liquids from the Kaybob Duvernay formation while working to control continued supply chain issues through efficiencies, management said.

Crescent Point

The independent issued its 2Q2022 results in late July, noting it has a wary eye on the inflation threats to profitability.

“The company has controlled a significant portion of its capital costs to date through supply chain management while also mitigating potential cost increases through realized efficiencies,” executives said.

CEO Craig Bryksa added that the company remains “focused on creating long-term value through a combination of returning capital, while also enhancing the balance sheet strength and sustainability of the business.”

One area of achievement that...