UPDATE 1-Crescent Point buys Reliable Energy to boost Bakken output
March 15, 2012 at 11:55 AM EDT
March 15 (Reuters) - Crescent Point Energy said it will buy Reliable Energy for C$79.1 million to further boost output from the oil-rich Bakken shale in southwest Saskatchewan, and raised its 2012 production outlook for the third time this year.