September 3, 2019 / 12:05 PM / 2 months ago

Crescent Point to sell Uinta Basin, some Saskatchewan assets for C$912 million

Sept 3 (Reuters) - Crescent Point Energy Corp said on Tuesday it has agreed to divest its Uinta Basin assets and parts of its assets in Saskatchewan for a total of about C$912 million ($687.01 million).

The Canadian oil and gas producer said it is selling the Uinta Basin asset, which was put up for sale in the first quarter, to a private operator for about C$700 million in cash. ($1 = 1.3275 Canadian dollars) (Reporting by Shariq Khan in Bengaluru; Editing by Shinjini Ganguli)

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