All of the directors and officers and certain shareholders of Coral Hill, representing approximately 36.9% of the issued and outstanding Coral Hill Shares, have entered into voting support agreements with Crescent Point pursuant to which they have agreed to, among other things, support the Arrangement and vote their Coral Hill Shares in favour of the Arrangement, subject to the terms of such agreements.

Commenting on the Arrangement, Don Rae, President and Chief Executive Officer of Coral Hill stated:

"Crescent Point’s acquisition of Coral Hill provides our shareholders with the opportunity to not only receive Crescent Point’s shares, which offer compelling value, but the ability to participate in the continued development of our assets while gaining exposure to some of the most economic light oil resource plays in North America."

Based upon a verbal fairness opinion from FirstEnergy Capital Corp. and after consulting with its financial and legal advisors, Coral Hill’s board of directors has unanimously approved the Arrangement and has unanimously determined that the Arrangement is in the best interest of Coral Hill and recommends that Coral Hill shareholders vote in favour of the Arrangement.

FirstEnergy Capital Corp. is acting as financial advisor to Coral Hill and has provided a verbal opinion that the consideration to be received by the Coral Hill shareholders pursuant to the Arrangement is fair, from a financial point of view, to the Coral Hill shareholders.

The Arrangement will be subject to the approval of not less than 66 2/3% of the votes cast by Coral Hill shareholders at an annual and special meeting of shareholders expected to be held in August 2015. Closing is subject to certain other customary conditions, including court and other regulatory approvals. An information circular regarding the Arrangement and the other matters to be considered at the shareholders’ meeting is expected to be mailed to shareholders in the first half of July 2015. Closing of the Arrangement is expected to occur shortly after the shareholders’ meeting.