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Press release from CNW Group

Crescent Point Energy confirms October 2011 dividend

Monday, October 17, 2011

Crescent Point Energy confirms October 2011 dividend11:37 EDT Monday, October 17, 2011CALGARY, Oct. 17, 2011 /CNW/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") confirms that the cash dividend to be paid on November 15, 2011 in respect of October 2011 production, for shareholders of record on October 31, 2011 will be $0.23 per share. The ex-dividend date is October 27, 2011.These dividends are designated as "eligible dividends" for Canadian income tax purposes.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 and medium oil and natural gas reserves in United States and Canada.CRESCENT POINT ENERGY CORP.Scott Saxberg,President and Chief Executive OfficerFor further information: 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 (U.S. & Canada): 888-693-0020  Fax:    (403) 693-0070        Website: www.crescentpointenergy.com Crescent Point shares are traded on the Toronto Stock Exchange under the symbol CPG. Crescent Point Energy Corp. Suite 2800, 111-5th Avenue S.W. Calgary, AB., T2P 3Y6