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Crescent Point is extending its premium drilling inventory in the Alberta, Canada, Montney Shale with a roughly US$1.86 billion (CA$2.55 billion) acquisition of Hammerhead Energy.
Canada's Crescent Point Energy Corp said on Tuesday it will acquire Spartan Delta Corp's oil and gas assets in Alberta's Montney region for C$1.7 billion in cash ($1.24 billion).