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CRESCENT POINT DRIVES PRODUCTION COST REDUCTION USING AFTI WATCHDOG


AFTI Watchdog Logo Feature 400x270AFTI 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.

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, COO
Advanced Flow Technologies Inc.(AFTI)
403.212.2382
Steve.Robb@AFTI.CA



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