Canada Pension Plan Investment Board and The Broe Group Complete Acquisition of DJ Basin Oil & Gas Assets

Acquisition completed through jointly formed entity, Crestone Peak Resources Toronto, ON/Denver, CO (July 29, 2016): Crestone Peak Resources LLC (Crestone), a Canada Pension Plan Investment Board (CPPIB) and The Broe Group jointly formed entity, closed the acquisition of the previously announced Denver Julesberg (DJ) Basin oil and gas assets in Colorado from Encana Oil & Gas (USA) Inc., a wholly owned subsidiary of Encana Corporation (Encana). Crestone is 95% owned by CPPIB and 5% by…