These accretive dispositions are in-line with the Company's strategy to focus its asset base and strengthen its balance sheet
Tullow Oil is heavily dependent on its Ghana assets
Crescent Point Energy Corp. (“Crescent Point” or the “Company”) (TSX andNYSE: CPG) is pleased to announce that it has successfully closed the previously announced sale of its Uinta Basin asset and certain non-core conventional assets in southeast Saskatchewan.
These accretive dispositions are in-line with the Company’s strategy to focus its asset base and strengthen its balance sheet.
Crescent Point is a leading North American light oil producer, driven to enhance shareholder returns by cost-effectively developing a focused asset base in a responsible and sustainable manner.
Source: Company Press Release