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Announced

A private operator to acquire North Dakota assets from Crescent Point Energy for $500m.

Synopsis

A private operator agreed to acquire North Dakota assets from Crescent Point Energy, an oil and gas company based in Calgary, Alberta, Canada, for $500m. Over the last few years, we have taken several strategic steps to optimize our portfolio. This transaction allows us to realize future value for an area with limited scalability while immediately enhancing our financial position and increasing our focus on our core operating areas," Craig Bryksa, Crescent Point President and CEO.

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