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CS - Crescent Point exits Uinta and trims Saskatchewan for $912MM - September 2019
Calgary-based Crescent Point Energy struck a pair of deals totaling $912 million that will see it exit the Uinta Basin in Utah and sell some conventional properties in southeast Saskatchewan. The Utah assets made up most of the total deal value, with a private operator paying $700 million in cash. The conventional Saskatchewan properties sold for $212 million to undisclosed buyers. The company launched the sales process for the Uinta assets in Q1, as......
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