November 6, 2023 – Reuters
Canada's Crescent Point to buy Montney shale firm Hammerhead for $1.86 bln
By Sourasis Bose and Nia Williams
Crescent Point also bought Spartan Delta's Montney assets earlier this year in a C$1.2 billion deal.
The 50,000 square-mile (32 million acre) area spanning northern Alberta and British Columbia is considered Canada's top shale play and also garnering interest potential U.S. investors, dealmakers said last week.
"This is another sign of the attractiveness of the entire resource in the Montney," said...