Crescent Point Energy Corp. halts major sales/purchases for near future after recent acquisitions.

Crescent Point Energy Corp., a dominant player in North American petroleum plays, has announced it will not engage in any major sales or purchases for the near future after a recent spree of large-scale transactions. The company has been one of the most active Canadian oil and gas companies in recent years, acquiring assets in the Montney region of northwest Alberta and the adjacent Kaybob Duvernay shale gas play. CEO Craig Bryksa stated that the company is happy with its current portfolio and will not look for any near-term dispositions or acquisitions.

May 10, 2024
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