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Crescent Point Energy (CSCTF.PK) agrees to acquire privately-held Ute Energy Upstream Holdings,...
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Thursday, November 1, 2012, 5:25 PM ETCrescent Point Energy (CSCTF.PK) agrees to acquire privately-held Ute Energy Upstream Holdings, which is focused on the Uinta Basin light-oil resource play in Utah, for $784M in cash. Crescent Point plans a share offering to raise ~C$750M to help fund the purchase, offering the shares at C$40 each.
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