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Crescent Point Energy Corp (CPG.TO)

CPG.TO on Toronto Stock Exchange

4.98CAD
18 Oct 2019
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Tue, Sep 3 2019

Crescent Point to raise C$912 million from asset sales to cut debt

Canada's Crescent Point Energy Corp said on Tuesday it would exit Uinta Basin in Utah and sell parts of its assets in southeast Saskatchewan for about C$912 million ($687.01 million) as it looks to cut debt under a new management.

UPDATE 2-Crescent Point to raise C$912 mln from asset sales to cut debt

Sept 3 Canada's Crescent Point Energy Corp said on Tuesday it would exit Uinta Basin in Utah and sell parts of its assets in southeast Saskatchewan for about C$912 million ($687.01 million) as it looks to cut debt under a new management.

CORRECTED-UPDATE 1-Crescent Point to exit Uinta Basin, sell some Saskatchewan assets

Sept 3 Canada's Crescent Point Energy Corp said on Tuesday it would exit Uinta Basin in Utah and sell parts of its assets in southeast Saskatchewan for about C$912 million ($687.01 million) as part of its plan to cut debt under a new management.

Crescent Point to sell Uinta Basin, some Saskatchewan assets for C$912 million

Sept 3 Crescent Point Energy Corp said on Tuesday it has agreed to divest its Uinta Basin assets and parts of its assets in Saskatchewan for a total of about C$912 million ($687.01 million).

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