RE: RE: good update incr reserves and navNews on Yahoo, but not on RBC or S.H. I hope they transfer to a T. listing.
The buyout of the FRAC outfit was a good move, IMO
Update on wells drilled & fracked should be very positive when released.
Crescent point investment month ago
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Crescent Point Energy Corp. ("Crescent Point" or the "Company") announces that it has acquired a total of 1,748,000 common shares, at a price of CAD$5.45 per share, of Arcan Resources Ltd. ("Arcan") pursuant to Arcan´s recent public offering.
As a result of this acquisition and together with previously held securities, Crescent Point now owns 18,498,000 common shares, representing approximately 19% of the total issued and outstanding common shares of Arcan.
An Early Warning Report respecting this acquisition has been filed on the System for Electronic Document Analysis and Review ("SEDAR") and can be viewed at https://www.sedar.com.
Crescent Point acquired the Arcan shares for investment purposes only. The investments will be reviewed on a continual basis, and Crescent Point´s holdings may be increased or decreased in the future, depending upon economic or market conditions or matters relating to Arcan.