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Pipestone Energy Corp T.PIPE


Primary Symbol: BKBEF

Pipestone Energy Corp. is a Canada-based oil and gas exploration and production company. The Company is focused on developing its condensate rich assets in the Pipestone area of Alberta. It is engaged in the exploration for, and development and production of, oil and natural gas liquids, including condensate, pentane, butane, propane and ethane (Liquids) and natural gas in Western Canada. It is the operator of a condensate-rich Montney asset in the Pipestone area near Grande Prairie. Its Pipestone Wembley Project is located just outside of Grande Prairie, Alberta and covers more than 90,000 net acres.


OTCPK:BKBEF - Post by User

Comment by not4anymoreon Aug 26, 2023 12:26pm
170 Views
Post# 35606735

RE:CPG

RE:CPGSnippet from RBC.
August 25, 2023 Crescent Point Energy Corp. Pruning the Portfolio – Disposition of North Dakota Our view: Crescent Point’s disposition of its North Dakota assets reinforces its focus on liquids-rich WCSB prospects and primary development in the Montney and Duvernay. The $675 million transaction figure was within the range of our original target value (albeit at the low end) and cleans up the portfolio, paving the way for a more focused footprint and providing liquidity for potential future bolt-ons. Reiterate Outperform.

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