Canadian light oil producer
The marketing documents show that Crescent Point is offering the assets in three separate packages that had combined production of 10,554 barrels of oil equivalent per day (boepd) in the fourth quarter of 2021. The documents also show that including undeveloped acreage, the properties have a net present value (NPV) of roughly
The company is reported to have been seeking to shed some of its non-core assets since it bought Royal Dutch Shell’s Kaybob Duvernay properties for
According to the marketing documents, National Bank Financial Markets has been retained as Crescent Point’s adviser on the planned sale.
The report comes as oil and gas companies in both the US and
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