Crescent Point Energy Confirms October 2015 Dividend

CALGARY, ALBERTA--(Marketwired - Oct 15, 2015) - Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX:CPG) (NYSE:CPG) confirms that the dividend to be paid on November 16, 2015, in respect of October 2015 production, for shareholders of record on October 31, 2015, will be CDN$0.10 per share.

These dividends are designated as "eligible dividends" for Canadian income tax purposes. For U.S. income tax purposes, Crescent Point's dividends are considered "qualified dividends."

Crescent Point's shareholders will receive dividend payments in the form of cash.

Effective August 12, 2015, Crescent Point Energy has suspended the Dividend Reinvestment Plan ("DRIP") and Share Dividend Plan ("SDP"). Current participants in the DRIP and/or SDP program do not need to take any further action and will have future dividends either direct credited to their bank account or paid by cheque.

Crescent Point is one of Canada's largest light and medium oil producers, with an annual dividend of CDN$1.20 per share.

Crescent Point Energy Corp.

Scott Saxberg, President and Chief Executive Officer

Crescent Point shares are traded on the Toronto Stock Exchange and New York Stock Exchange, both under the symbol CPG.

Contact

Crescent Point Energy Corp.
Greg Tisdale
Chief Financial Officer
(403) 693-0020 or Toll free (U.S. & Canada): 888-693-0020
(403) 693-0070
Crescent Point Energy Corp.
Trent Stangl
Vice President Marketing and Investor Relations
(403) 693-0020 or Toll free (U.S. & Canada): 888-693-0020
(403) 693-0070
www.crescentpointenergy.com