CRESCENT POINT ENERGY CONFIRMS DECEMBER 2010 DIVIDEND

CALGARY, Dec. 15 /CNW/ - Crescent Point Energy Corp. ("Crescent Point" or the "Company") confirms that the cash dividend to be paid on January 17, 2011 in respect of December 2010 production, for shareholders of record on December 31, 2010 will be $0.23 per share. The ex-dividend date is December 29, 2010.

These dividends are designated as "eligible dividends" for Canadian income tax purposes.

Crescent Point 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.

CRESCENT POINT ENERGY CORP.

Scott Saxberg,
President and Chief Executive Officer

Crescent Point shares 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: [phone]	Toll free (US & Canada): 888-693-0020
Fax:    [phone]	Website: www.crescentpointenergy.com