Canada’s Crescent Point Energy (CPG.TO) said on Monday it would acquire Hammerhead Energy (HHRS.TO) in a deal valued at C$2.55 billion ($1.86 billion) to boost its presence in Montney shale in Alberta.
($1 = 1.3699 Canadian dollars)
Reporting by Sourasis Bose in Bengaluru; Editing by Shilpi Majumdar
