RE:RE:A nice addition to the CPG portfolio of plays SESaskoilguy wrote: It won't be long and CPG will make an announcement on acquiring the Husky SE Sask properties ..............stay tuned!
Husky’s SE Sask. assets base and production is substantially larger than ALL of Crescent Point. I found this in their 2015 AIF;
“Development of the Bakken and Torquay formations was curtailed in 2015 for southeast Saskatchewan due to the economic conditions in the oil and gas industry. In this area, Husky tied in five oil wells and brought two wells on production, operated and monitored the gas injection pilot and completed infrastructure construction at Oungre East to support continued development. Light crude oil production from the Oungre property during 2015 was approximately 1.3 mboe/day.” Unless they have been broken up into small “bite size” pieces (which is possible) there is no way that Crescent Point could consider acquiring anything from Husky. If not, it would be a bit like a Mouse eating a Cat.
As Always; Do Your Own Due Diligence; It’s Your Money !!