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7 months ago

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Canada's Crescent Point to buy Montney shale firm Hammerhead for $1.86 bln

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Canada's Crescent Point to buy Montney shale firm Hammerhead for $1.86 bln

Canadian oil producer Crescent Point Energy said on Monday it has agreed to acquire Hammerhead Energy in a cash and stock deal valued at C$2.55 billion ($1.86 billion) to boost its presence in the Montney shale play in Alberta.

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Canada's Crescent Point to buy Montney shale firm Hammerhead for $1.86 bln

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Canada's Crescent Point to buy Montney shale firm Hammerhead for $1.86 bln

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