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Crescent Point Pays $861M To Get Into Utah Oil Play

By Liz Hoffman (November 1, 2012, 9:17 PM EDT) -- Canada's Crescent Point Energy Corp. said Thursday it will pay $861 million to buy Ute Energy Upstream Holdings LLC, a closely held oil and gas producer with producing wells in northern Utah, which Crescent Point called "a new core area" among emerging shale plays....

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