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

One-Page Deal Sheet

Lightstream Sells Off Conventional Saskatchewan Business

Crescent Point Energy Corp. Lightstream Resources Ltd.
AnnouncedSep 2, 2014
TypeProperty
LocationCanada Bakken
Announced Date
September 02,2014
Effective Date
July 01,2014
Close Date
September 30,2014
Transaction Type
Property
Enterprise Value (EV)($MM)
378




Snapshot
TargetZones:
{Bakken}
Net Acres
% Oil:

Proved Reserves

Location
Region
Canada

Country
Canada

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Production & Reserves
Production

Reserves


Calculated Metrics( EV/Category)
$/ Flowing

$/ Acre

Transaction Details:  Subscribe to see

Closing Announcement - September 30, 2014

Crescent Point Energy Corp. reported that the previously announced agreement to acquire certain assets from Lightstream Resources Ltd. closed today.

As a result, Crescent Point has acquired high-netback, low decline, conventional oil production of approximately 3,300 boe/d and 76 net sections of land that are contiguous with Crescent Point's existing land base in southeast Saskatchewan and Manitoba. The Company also acquired an additional 44 net sections of undeveloped fee title land, much of which is located in an exciting new fairway that the…



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Price History



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