Crescent Point to acquire Kaybob Duvernay assets from Paramount Resources.

Crescent Point, an oil and gas company, agreed to acquire Kaybob Duvernay assets from Paramount Resources, a Canadian petroleum company. Financial terms were not disclosed. "We continue to generate strong full cycle returns from our Kaybob Duvernay assets, which are top quartile within our overall portfolio," Craig Bryksa, Crescent Point President and CEO.