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Crescent Point's (CSCTF.PK) $784M acquisition of Ute Energy could herald a Utah oil boom, Wells...

Crescent Point's (CSCTF.PK) $784M acquisition of Ute Energy could herald a Utah oil boom, Wells Fargo analysts say. Investors are aware of the problems producers in eastern Utah face getting oil and gas to market, “but the entry of a company with the balance sheet to develop infrastructure is a positive.” Other players with an area presence: EOG, XOM, APC, NFX, BRY, BBG.
Comments (2)
  • Newfield needs all the help it can get right now.....
    2 Nov 2012, 05:34 PM Reply Like
  • QEP too.
    4 Nov 2012, 10:44 PM Reply Like
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