Deal Insight
Crescent Point Energy acquires Shelter Bay Energy for Cdn$1.1 billion
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Report summary
Crescent Point Energy has announced that it has entered into an agreement to complete the acquisition of Shelter Bay Energy, a private company founded in 2008 by Crescent Point and several private equity firms. Crescent Point held a 21% interest in Shelter Bay at the time of the announcement. Shelter Bay focuses on accessing light oil farm-in opportunities and on pursuing value-adding acquisitions within the Canadian Bakken, Saskatchewan's most prominent oil play.The deal of Cdn$1.10 ...
Table of contents
- Executive summary
- Transaction details
- Upstream assets
- Deal analysis
- Strategic rationale
Tables and charts
This report includes 1 images and tables including:
- Upstream assets: Table 1
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