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A&D - Crescent Point exits Uinta, trims Saskatchewan for $684MM - September 2019
Calgary-based Crescent Point Energy struck a pair of deals totaling $684 million to 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 $525 million cash, while the conventional Saskatchewan properties sold for $159 million to undisclosed buyers. The company launched a Uinta divestment process in Q1 to sharpened its focus on key growth......
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