Deal Insight

Crescent Point acquires privately held Ute Energy, focsed on tight oil in the Uinta Basin (Utah), for US$861 million

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Crescent Point Energy, of late Canada's most active company in the energy acquisitions market, is to acquire Ute Energy, a private E&P company owned by the Ute Indian Tribe and private equity firm Quantum Energy Partners. This is Crescent Point's first acquisition outside of Canada this year, but falls closely in line with the company's strategy of buying into resource plays with substantial oil-in-place and long-term upside potential. A cash consideration of US$784 ...

Table of contents

  • Executive summary
  • Transaction details
  • Upstream assets
  • Deal analysis
  • Upsides and risks
  • Strategic rationale
  • Oil & gas pricing and assumptions

Tables and charts

This report includes 9 images and tables including:

  • Executive summary: Table 1
  • Ute Energy Uinta Basin assets
  • Upstream assets: Table 1
  • Deal analysis: Table 1
  • Deal analysis: Table 2
  • Deal analysis: Table 3
  • Crescent Point acquisitions during 2012 - seller highlighted
  • Oil & gas pricing and assumptions: Table 1
  • Oil & gas pricing and assumptions: Table 2

What's included

This report contains:

  • Document

    Crescent Point acquires privately held Ute Energy, focsed on tight oil in the Uinta Basin (Utah), for US$861 million

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