Date Closed

November 10, 2023

Lead Office

Calgary

Value

500.00 Million CAD

On November 10, 2023, Crescent Point Energy Corp. ("Crescent Point") completed a bought deal public offering of 48,550,000 Crescent Point Common Shares for gross proceeds of approximately C$500 million. Crescent Point intends to use the net proceeds to partially fund the cash portion of its proposed acquisition of Hammerhead Energy Inc., an oil and liquids-rich Alberta Montney producer, valued at approximately C$2.55 billion.

The offering was completed through a syndicate of underwriters co-led by BMO Nesbitt Burns and RBC Capital Markets.

McCarthy Tétrault advised the syndicate of underwriters with a team led by Alyson Goldman that included Farhiyah Shariff, Ashley Wilson (Corporate), Matthew Kraemer, Erica Hennessey and Daniel Downie (Tax).