RE:Not a peep on Canadian news media It's not a Canadian company anymore that's why. Just a matter of time and the tsx listing will be dropped. if they get a bid, they will sell all their Canadian production. The Canadian press doesn't cover marathon, eog, Exxon either.
autofocus111 wrote: about OVV earnings that I could find. I guess she's the black sheep of the oil family now here in Canada. Even the Duvernay asset sale wasn't enough to get reported about. But I did see this today. Seems inline with what OVV got.
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Canadian oil and gas producer Crescent Point Energy Corp said it has agreed to buy Duvernay shale light oil assets in Alberta from oil major Royal Dutch Shell’s Canadian unit for $900 million. The deal comprises $550 million in cash and 50 million shares (valued at $157 million) in Crescent Point Energy common stock. Subject to regulatory approvals, the transaction is expected to close in April 2021.The assets generate around 30,000 barrels of oil equivalent per day, with 57 per cent condensate, 35 per cent shale gas and 8 per cent natural gas liquids. https://calgaryherald.com/commodities/energy/canadas-crescent-point-to-buy-shells-kaybob-assets-for-c900-mln/wcm/33fdf6c4-a35e-4fbd-aee9-7e545bb38723
Crescent Point to buy Shell's Duvernay shale oil assets for $900 million
The assets generate around 30,000 barrels of oil equivalent per day