The M&A action continues this week in Canada where Crescent Point Energy has agreed to acquire $1.24 billion in oil and gas assets in Alberta’s Montney formation from Spartan Delta Corp
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The announcement by Crescent Point Energy was made online at the PSAC STARS and Spurs Safe@Home Gala on Feb. 27, and renews a partnership between Crescent Point and STARS that began nearly 10 years ago when the energy corporation was instrumental in establishing the air ambulance’s operations in Saskatchewan. Since that time, Crescent Point has continued to contribute to help STARS grow and extend its impact. “As the lead and founding donor in launching STARS’ Saskatchewan operations, we are proud to have played a role in bringing helicopter emergency medical services to the province. STARS provides an opportunity to save lives and better serve patients and their families, particularly those in rural and remote areas. They provide helicopter emergency medical services for critically ill and injured patients 24 hours a day, seven days a week across Western Canada,” said Craig Bryska, President and CEO of Crescent Point.