Veren Inc. (formerly known as Crescent Point Energy Corp.), listed on both TSX and NYSE under the ticker VRN, has finalized the sale of certain non-core assets in Saskatchewan to Saturn Oil & Gas Inc. for a total of CAD 600 million (approximately $ 540 million, including closing adjustments). This strategic move is part of […]
Crescent Point Energy Corp. (TSX and NYSE: CPG) has reached an arrangement to acquire Hammerhead Energy Inc., a significant player in the Alberta Montney oil region, for a total consideration of C$2.55 billion. This sum encompasses around C$455 million of assumed net debt and comprises both cash and common shares of Crescent Point. Shareholders of […]
Crescent Point Energy, a Canada-based oil and gas company, has agreed to acquire certain Kaybob Duvernay assets in Alberta from Paramount Resources for CAD 375 million ($275.49 million) in cash. The acquisition is said to increase Crescent Point Energy’s drilling inventory in the play to more than 20 years and improve its land position to […]