The company announced that it has entered into definitive P&S agreements for the disposition of ~$280 mm of non-core assets in the Williston Basin. This total includes the ~$225 mm previously announced during 1Q18, in addition to a smaller package valued at ~$55 mm. Both dispositions are expected to close near the end of 2Q18e. As a result of these dispositions, representing approximately ~4,800 boe/d, annual 2018e guidance has been revised down from 183,500 boe/d to 181,000 boe/d, exit g
19 Jun 2018
Disposition update, updated guidance, management changes
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Disposition update, updated guidance, management changes
Crescent Point Energy Corp. (0UR7:LON) | 0 0 (-1.0%) | Mkt Cap: 4,825m
- Published:
19 Jun 2018 -
Author:
Cody R. Kwong -
Pages:
6
The company announced that it has entered into definitive P&S agreements for the disposition of ~$280 mm of non-core assets in the Williston Basin. This total includes the ~$225 mm previously announced during 1Q18, in addition to a smaller package valued at ~$55 mm. Both dispositions are expected to close near the end of 2Q18e. As a result of these dispositions, representing approximately ~4,800 boe/d, annual 2018e guidance has been revised down from 183,500 boe/d to 181,000 boe/d, exit g