One-Page Deal Sheet
Crescent Point Acquires Cutpick Energy
Crescent Point Energy Corp. Cutpick Energy Inc.
Announced Date
June 21,2012
Close Date
June 20,2012
Transaction Type
Corporate
Enterprise Value (EV)($MM)
425
Location
Calculated Metrics( EV/Category)
Region
Canada
Country
Canada
Play
Production Production
Calculated Metrics( EV/Category)
$/ Flowing
Transaction Details: Subscribe to see
Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) is pleased to announce that it has entered into an arrangement agreement (the "Cutpick Arrangement") with Cutpick Energy Inc. ("Cutpick"), pursuant to which Crescent Point expects to acquire all of the issued and outstanding shares of Cutpick. Cutpick is a private oil and gas producer with production of approximately 5,600 boe/d, weighted approximately 65 percent to light oil, primarily in the Viking light oil resource play near Provost, Alberta. Total consideration for Cutpick is approximately $425 million.
Assuming…
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Nov-06-2024 |
-  |
- |
Click here | Alberta | E&P |
| Aug-22-2022 |
- |
- |
Click here | British Columbia | E&P |
| Aug-01-2022 |
- |
- |
Click here | Alberta | E&P |
| Jun-29-2022 |
- |
- |
Click here | Alberta | E&P |
| Dec-15-2021 |
- |
- |
Click here | E&P |
| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Mar-17-2021 | Petro Viking Picks Up Duvernay, Viking Mineral Rights | - |
- |
| Dec-15-2020 | Tamarack Valley Inks $74MM Deal for Alberta Clearwater Assets | - |
- |
| Jun-25-2018 | Point Loma Acquires Private Canadian E&P | - |
- |