Spartan Delta sells properties to Crescent Capital and will distribute proceeds to shareholders
Oil and gas developer and producer Spartan Delta Corp.CA:SDEDALXF said Tuesday it agreed to sell its Gold Creek and Karr Montney assets in Canada to Crescent Point Energy Corp. for C$1.7 bln ($1.42 bln). The company will pay a sale dividend of C$9.50 per share as part of the deal, with the transa...