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Crescent Point Energy Lets a Light Oil Play Out of the Bag
Jul. 15, 2011 11:16AM PST
Oil and Gas InvestingSeeking Alpha reports that Crescent Point Energy (TSE:CPG) has announced that it quietly assembled a 19% interest in Arcan Resources (CVE:ARN).
Seeking Alpha reports that Crescent Point Energy (TSX:CPG) has announced that it quietly assembled a 19% interest in Arcan Resources (TSXV:ARN).
The market news is quoted as saying:
Another 165 net sections of land in the Beaverhill play that was acquired mainly through a joint venture with a private company called Coral Hill Energy Limited but also through a farm-in agreement with publicly traded Second Wave Petroleum (SCSZF.PK).