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Track Drilling (Rigs by operator) | Completions (Frac Spreads)

One-Page Deal Sheet

Crescent Point Unloads Non-Core SK Conventional Assets for $93MM

Not Disclosed Crescent Point Energy Corp.
AnnouncedJun 7, 2021
TypeProperty
Announced Date
June 07,2021
Close Date
June 07,2021
Transaction Type
Property
Enterprise Value (EV)($MM)
93




Snapshot
Asset/Basin:
["Williston Basin"]
TargetZones:
[]
% Oil:

Location
Region
Canada

Country
Canada


Transaction Details:  Subscribe to see

Crescent Point Energy Corp. has sold its remaining non-core southeast Saskatchewan conventional assets for cash proceeds of $93 million.

The buyer and other details were not disclosed.

Crescent Point's 2021 budgeted development capital expenditures range remains unchanged, as minimal development capital was allocated to these Assets for the remainder of the year. Reclamation activities that were previously budgeted for these Assets for the balance of 2021 will be redirected to reclaiming other properties as part of the Company's commitment to strong environmental, social and governance…

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