Yesterday we reported about the Energy Transfer LP takeover of midstream operator Lotus energy and the Brookfield Renewable Partners acquisition of Australia’s Origin Energy for $10 billion. Today, the M&A action continues upstream in Canada where Crescent Point Energy (CPG.TO) has agreed to acquire $1.
24 billion ($1.7B CAD) worth of oil and gas assets in Alberta’s Montney formation from Spartan Delta Corp. (SDE.TO). According to Crescent Point CEO Craig Bryska, the Montney formation is one of Canada’s most attractive oil…M&A Action Continues In The Canadian Oil Patch With $1.2 Billion Deal
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