Mexico moves to semifinals with shootout win

first_imgMexico stayed alive at the CONCACAF Gold Cup with a dramatic penalty shoot-out win over Costa Rica in the quarter-finals on Saturday.Raul Jimenez’s first-half goal had put Gerardo Martino’s side ahead at NRG Stadium in Houston, Texas.However, Bryan Ruiz’s controversial second-half penalty drew Costa Rica level and a shoot-out followed despite chances for both sides. Article continues below Editors’ Picks ‘Everyone legged it on to the pitch!’ – How Foden went from Man City superfan to future superstar Emery out of jail – for now – as brilliant Pepe papers over Arsenal’s cracks What is Manchester United’s ownership situation and how would Kevin Glazer’s sale of shares affect the club? Ox-rated! Dream night in Genk for Liverpool ace after injury nightmare Guillermo Ochoa made a brilliant save late in extra time and again in the shoot-out, denying Keysher Fuller to claim a 5-4 success.¡A SEMIFINALES! @CocaColaMx y @PoweradeMx te dejan el marcador final del duelo  Costa Rica en la  Oro.#PasiónyOrgullo | #FMFporNuestroFútbol pic.twitter.com/zITjoseeJl— Selección Nacional (@miseleccionmx) June 30, 2019Despite a lively start by both teams, there were few chances at either end until Costa Rica threatened just after the half-hour mark.Celso Borges stepped up to curl a 25-yard free-kick just wide, before the midfielder later hit the post, although the move was flagged offside anyway.Instead, Mexico took the lead just before half-time through Jimenez.Jimenez’s initial strike after a Rodolfo Pizarro cross from the left was blocked, but he produced a composed finish from inside the area to make it 1-0.Costa Rica found a way back into the game early in the second half after a controversial penalty decision.Luis Rodriguez was ruled to have brought down Joel Campbell, who was about to shoot, although replays showed he got the ball and any contact appeared to occur just outside the area.Still, Ruiz made the most of the chance from the penalty spot, converting to bring Costa Rica level.That seemed to bring Mexico back to life as Jimenez forced a fine save from Leonel Moreira before also shooting wide in the 62nd minute.In what was an end-to-end finish to the 90 minutes, Mexico almost found a winner through substitute Carlos Rodriguez, who hit the crossbar from close range.The chances continued in extra time, the best falling for Jonathan McDonald, whose powerful low strike was well saved by Ochoa in the 108th minute.Jimenez had a penalty saved to begin the shoot-out but Mexico recovered, Randall Leal missing the target before Ochoa superbly denied Fuller. What does it mean? Mexico find a way, but only justIt looked like Martino’s perfect record at the helm was coming to an end as Mexico fell behind in the shoot-out. However, after seven wins from as many games under Martino heading into their meeting with Costa Rica, Mexico found a way again.Ochoa steps up at key momentMexico only got to penalties thanks to Ochoa, who did well to deny McDonald in extra time. The goalkeeper then delivered the key save in the shoot-out, diving to his right to deny Fuller.Martino mistake for MexicoThey edged into the semi-finals, but Mexico will need to find a way without Martino in the last four. The coach picked up his second yellow card of the tournament during extra time and is suspended.What’s next?Mexico will face surprise semi-finalists Haiti on Tuesday, while Costa Rica look ahead to a friendly against Uruguay in September. read morelast_img read more

Crescent Point Energy eyes asset sales after laying off 230 staff in

CALGARY — The new management team at Crescent Point Energy Corp. is focused on identifying assets for sale and boosting operating efficiency after laying off about 230 employees and full-time contractors last month.CEO Craig Bryksa, who replaced long-time CEO Scott Saxberg on an interim basis in May, said Thursday the company acted quickly after announcing its plan to cut staff by 17 per cent in early September.“Although we are in the very early stages of implementing our plan, we have completed the reorganizational restructuring we announced last month,” Bryksa said on a conference call.“We expect the reorganization to result in approximately $50 million of annual cost savings starting in the fourth quarter of 2018.”Crescent Point Energy cuts 17% of workforce, plans to reduce debt by $1 billionCrescent Point investors seek signs of new direction after CEO shakeupCrescent Point’s CEO Scott Saxberg leaves company as oil producer looks to turn business aroundAbout 1,200 staff remain after the cuts, said company spokeswoman Andree Morier, adding Crescent Point isn’t expecting any further reductions.It reported $5.7 million in severance payouts in the third quarter.Price discounts for Canadian oil linked to export pipeline constraints will strip about 15 per cent from the company’s average realized price in the current quarter versus what it received in the three months ended Sept. 30, said Bryksa on the call.Those discounts are lower than most peers, he said, because most of Crescent Point’s production comes from Saskatchewan and the United States, downstream from Alberta pipeline pinch points.The company said federal carbon taxes to be imposed in Saskatchewan starting next April are expected to reduce annual cash flow from operations by a minimal amount, likely less than one per cent.Crescent Point posted a profit of $30.5 million in the quarter, compared with a loss of $270 million a year ago.The profit amounted to six cents per share for the quarter ended Sept. 30 compared with a loss of 50 cents per share in the same quarter last year.Production averaged 174,275 barrels of oil equivalent per day compared with 176,069 boe/d in the third quarter last year, with about 90 per cent in the form of oil and natural gas liquids.The company’s average selling price was $67.15 per barrel of oil equivalent, up from $47.35 a year ago. read more