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Whitecap and Veren Finalize $10.4B Merger, Create Top-7 Canadian Oil & Gas Producer

Rextag

Whitecap Resources and Veren have completed a CA$15 billion (US$10.43 paid C$27,556 per hectare, marking the priciest single transaction since 2013. billion) all-share merger, officially announced on May 12, 2025. The merged company will operate under the Whitecap Resources name and will be headquartered in Calgary, Alberta.

Gas 52
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The Iberian green industrial opportunity: Carbon capture and storage

McKinsey

This procedure has been used once on CCS licenses, specifically for the Hontomín Pilot Project, which took about eight years to complete. “SDE++ Apply,” Netherlands Enterprise Agency, November 29, 2013. 38 “SDE++ Apply,” Netherlands Enterprise Agency, November 29, 2013. billion in 2024.

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Plain Language Meets Common Sense: Hidden Traps in Oil Patch Contract Interpretation

Producer's Edge

Under the Agreement, Sewak was paid his day rate for work done in 2013 to 2015. In late-2014 to early-2015, the survey was completed enough to begin identifying drilling prospects.

Oil 52
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APA Corp., partners complete successful flow test for North Slope exploration well

Oil & Gas 360º

(World Oil) – APA Corporation and its partners Lagniappe Alaska, LLC, an Armstrong company, and Oil Search (Alaska), LLC, a subsidiary of Santos Limited, have completed successful flow testing of the Sockeye-2 exploratory well in Alaska’s North Slope. We have identified analogous anomalies to investigate following on this success.

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African national oil companies (NOCs) partnering with independents to drive E&P

Oil & Gas 360º

In Angola, which has been an LNG producer since 2013, the NOC Sonangol is working with its New Gas Consortium partners Azule Energy, Cabinda Gulf Oil Company and TotalEnergies to increase LNG production capacity. While development has been delayed, the operators remain committed to collaboratively bringing the project online.

E&P 130
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Louisiana’s New Twenty-Day Deadline for Hydraulic Fracturing Reporting Requirements

The Energy Law

Dicharry On July 20, 2013, the Louisiana Department of Natural Resources amended its reporting and disclosure requirements for hydraulic fracturing stimulation operations. 1824 (July 20, 2013). By Sarah Y. Before the amendment, the regulation did not specify a reporting deadline. Under La.

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Third Circuit Restores Rule B Attachment Based On Breach of Contract Claim Under English Law, Implied Indemnity Claim Not Enough

The Energy Law

The court found that an English law cause of action for general indemnity is not complete until there has been payment to a third party. Because Bunge’s cause of action was not complete, it could not be adjudicated yet. Grand China Shipping Dev. 3d 488, 495 (2d Cir.