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Crescent Point Announces Strategic Montney Acquisition

Crescent Point Announces Strategic Montney Acquisition

03/28/23, 11:14 AM
Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) (NYSE: CPG) is pleased to announce that it has entered into an agreement (the "Agreement") with Spartan Delta Corp. ("Spartan") to acquire Spartan's oil and liquids-rich Montney assets in Alberta for $1.7 billion in cash (the "Transaction" or "Acquisition").

Company Info

Company
Crescent Point
Company info
Crescent Point is a China and Southeast Asia focused private equity and deep value investment firm. Our mission is to deliver attractive risk-adjusted returns for our investors and to add value to our investee partners in order to create category-leading companies across sectors and geographies.