Whitecap and Veren Finalize $10.4B Merger, Create Top-7 Canadian Oil & Gas Producer
Rextag
JUNE 20, 2025
paid C$27,556 per hectare, marking the priciest single transaction since 2013. Montney Formation: A Core Growth Basin The Montney formation, spanning Alberta and British Columbia, holds an estimated 449 Tcf of gas, 14.5 In a standout September deal, Millennium Land Ltd. Elmworth yielded over 14,000 bpd last year, with Veren Inc.
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