Posted AT 10:21 AM EDT on 23/07/08
Crescent Point reveals SemGroup exposure
CALGARY — Crescent Point Energy Trust, a Calgary-based oil and natural gas trust, says it has a potential exposure of $30-million (U.S.) to SemCanada Crude Co., a Canadian subsidiary of SemGroup LP, a U.S. energy marketer that has filed for bankruptcy protection in the United States and Canada.
SemGroup was marketing a portion of the trust's crude oil and liquids production, Crescent Point said Wednesday.
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