Whitecap and Veren Finalize $10.4B Merger, Create Top-7 Canadian Oil & Gas Producer
Rextag
JUNE 20, 2025
In the Elmworth area of the Montney formation, leases averaged C$1,734 per hectare in 2024—the highest since 2003. In March, Synergy Land Services Ltd. paid C$12,016 per hectare for land in the Fort Kent field, the highest price for oil sands land since 2007. In a standout September deal, Millennium Land Ltd.
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