Crescent Point Wraps Up $694 Million Acquisition Of CanEra

Transaction Type

Sellers

CanEra Energy Corp.

Buyers

Veren Inc. (FKA Crescent Point Energy Corp.)

Announce Date

Wed, 04/23/2014 - 12:00 PM

Post Date

May 16, 2014

Close Date

Thu, 05/15/2014 - 12:00 PM

Estimated Price

694MM

Description

Bought the Calgary-based E&P with holdings in the Torquay formation of SE Saskatchewan.

Crescent Point Wraps Up $694 Million Acquisition Of CanEra

Crescent Point To Buy Calgary's CanEra For $694 Million