yyctimes

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Alberta makes pitch to land NATO regional office in downtown Calgary

    March 23, 2023

    ‘Don’t leave it to long’: Summer camp registration in Alberta climbs to near pre-pandemic levels

    March 23, 2023

    Mike Ellis says sheriff redeployment has brought hope to citizens

    March 23, 2023
    • Home
    • Contact Us
    Facebook Twitter
    yyctimes
    yyctimes
    Home » Crescent Point to acquire Kaybob Duvernay drilling assets from Paramount Resources
    yyctimes

    Crescent Point to acquire Kaybob Duvernay drilling assets from Paramount Resources

    yyctimesBy yyctimesDecember 9, 2022No Comments1 Min Read
    Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Crescent Point Energy Corp. says he has an agreement with Paramount Resources Ltd. signed to acquire additional Kaybob Duvernay assets for $375 million.

    The Calgary oil and gas company says those assets include 130 net drilling locations across nearly 65,000 net hectares of Crown land.

    They produce more than 4,000 barrels of oil equivalent per day and include a gas plant, pipelines, water infrastructure and seismic data.

    Crescent Point says they are located adjacent to one of its land bases and will generate high yielding drilling stock and development opportunities.

    Popular now

    Popular now

    Crescent Point intends to finance the acquisition through existing credit facilities and says the deal is expected to close in January.

    Story continues below advertisement

    At the same time, he announced a 25 percent increase to his quarterly base dividend, bringing the figure to 10 cents per share.


    Click to play video: 'White House says not surprised by Russian response to oil price cap'

    1:03
    The White House says it is not surprised by the Russian response to oil price curbs




    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    yyctimes
    • Website

    Related Posts

    ‘Don’t leave it to long’: Summer camp registration in Alberta climbs to near pre-pandemic levels

    March 23, 2023

    Alberta’s NDP and UCP deadlocked ahead of provincial election: ThinkHQ report

    March 23, 2023

    Pair arrested after targeted armed robberies at Calgary LRT station – Calgary

    March 23, 2023

    Zellers is back. Can the nostalgic brand survive today’s retail landscape?

    March 23, 2023

    Alberta Premier Danielle Smith says conservatives must learn to win in ‘big cities’

    March 23, 2023

    Northeast Calgary convenience store convicted of selling vaping products to minors – Calgary

    March 23, 2023

    Leave A Reply Cancel Reply

    Don't Miss
    yyctimes

    Alberta makes pitch to land NATO regional office in downtown Calgary

    By yyctimesMarch 23, 2023

    Breadcrumb path hyperlinks Politics Native Enterprise Columnists Enterprise Whereas the federal authorities proposed Halifax as…

    ‘Don’t leave it to long’: Summer camp registration in Alberta climbs to near pre-pandemic levels

    March 23, 2023

    Mike Ellis says sheriff redeployment has brought hope to citizens

    March 23, 2023

    Alberta’s NDP and UCP deadlocked ahead of provincial election: ThinkHQ report

    March 23, 2023
    Our Picks

    Alberta makes pitch to land NATO regional office in downtown Calgary

    March 23, 2023

    ‘Don’t leave it to long’: Summer camp registration in Alberta climbs to near pre-pandemic levels

    March 23, 2023

    Mike Ellis says sheriff redeployment has brought hope to citizens

    March 23, 2023

    Alberta’s NDP and UCP deadlocked ahead of provincial election: ThinkHQ report

    March 23, 2023

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    Our Picks

    Alberta makes pitch to land NATO regional office in downtown Calgary

    March 23, 2023

    ‘Don’t leave it to long’: Summer camp registration in Alberta climbs to near pre-pandemic levels

    March 23, 2023

    Mike Ellis says sheriff redeployment has brought hope to citizens

    March 23, 2023
    New Comments

      Type above and press Enter to search. Press Esc to cancel.