Crescent Point Energy Closes C$500 Million Public Offering

Paul, Weiss represented the underwriters in Crescent Point Energy Corp.’s public offering of 48,550,000 common shares at a price of C$10.30 per share for gross proceeds of approximately C$500 million.

The underwriters were led by BMO Nesbitt Burns Inc. and RBC Dominion Securities Inc. as co-lead managers and joint bookrunners. Crescent Point, a leading oil and gas exploration and development company, intends to use the proceeds as partial consideration for the acquisition of Hammerhead Energy Inc.

The Paul, Weiss team included corporate partner Christopher Cummings, counsel Christian Kurtz; tax partner David Mayo; and environmental counsel William O’Brien.