In a landmark deal for the Canadian energy sector, Whitecap Resources Inc. (TSX: WCP) and Veren Inc. (TSX: VRN) have announced a strategic all-share merger valued at approximately $15 billion, including net debt. The transaction will create a leading Canadian light oil and condensate producer, with a dominant position in the Alberta Montney and Duvernay formations, as well as significant operations in Saskatchewan.

As we enter 2025, Whitecap Resources Inc. (TSX: WCP) stands at the forefront of efficiency-driven growth in the Canadian energy sector. With a strategic focus on capital discipline, operational optimizations, and infrastructure enhancements, Whitecap is well-positioned to navigate commodity price volatility while delivering strong production growth and shareholder returns.

Alberta Energy Regulator (AER) has laid two charges against Whitecap Resources Inc.

Whitecap 2023 budget of $900 – $950 million and average production guidance of 170,000 – 172,000 boe/d (64% liquids) is unchanged and is expected to result in the Company reaching our final net debt milestone of $1.3 billion in mid-20238

Whitecap increasing our 2022 average production guidance by 4,000 boe/d to 142,000 – 144,000 boe/d and our capital spending guidance by $60 million to $670 – $690 million.

Whitecap’s financial and operating results for the second quarter were once again ahead of expectations as the Company maintained operational momentum from the first quarter drilling program resulting in production of 132,293 boe/d and record funds flow of $677 million or $1.08 per share.

CALGARY, AB, June 28, 2022 /CNW/ – Whitecap Resources Inc. (“Whitecap” or the “Company”) (TSX: WCP) is pleased to announce it has entered into a purchase and sale agreement to acquire XTO Energy Canada for total cash consideration of approximately $1.9 billion and the assumption of estimated positive working capital on closing for a net…

Whitecap Resources Inc. (“Whitecap” or the “Company”) (TSX: WCP) is pleased to report its operating and unaudited financial results for the three months ended March 31, 2022.

Whitecap is building the Saskatchewan CO2 Hub and Alberta Carbon Hub.

Whitecap guidance for 2022 average production of 130,000 – 132,000 boe/d (73% liquids) and capital spending of $510 – $530 million is unchanged.