One-Page Deal Sheet
Crescent Point Adds Saskatchewan Viking Property
Crescent Point Energy Corp. Polar Star Canadian Oil and Gas Inc
Announced Date
June 13,2014
Effective Date
April 30,2014
Close Date
June 12,2014
Transaction Type
Property
Enterprise Value (EV)($MM)
334
Asset/Basin:
{Viking}
TargetZones:
{Viking}
Net Operated Locations:
Proved Reserves
Location
Calculated Metrics( EV/Category)
Region
Canada
Country
Canada
Play
Production & Reserves Production
Reserves
Calculated Metrics( EV/Category)
$/ Flowing
$/Location
Transaction Details: Subscribe to see
Crescent Point Energy Corp. has announced that it has completed an acquisition of Saskatchewan Viking oil assets from Polar Star Canadian Oil and Gas Inc., a private western Canadian oil and gas producer.
The Viking Assets include all of Polar Star's assets in the Viking play at Dodsland, Saskatchewan. The acquired assets consolidate Crescent Point's existing Viking land position in the Dodsland area and include more than 2,800 boe/d of high-quality, high-netback production.
Total consideration for the Viking Assets was comprised of approximately 7.6 million Crescent Point shares and $2…
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