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Whitecap Resources, Veren to combine to form C$15 billion Canadian energy giant

Oil & Gas 360º

MARCH 10, 2025

. (“Whitecap”) (TSX: WCP) and Veren Inc. (“Veren”) (TSX: VRN) (NYSE: VRN) are pleased to announce a strategic combination to create a leading light oil and condensate producer with concentrated assets in the Alberta Montney and Duvernay. per share, representing a 67% increase in base dividend for Veren shareholders.

Exploration and Production

Exploration and Production Energy Energy Natural Gas

Saturn Oil & Gas Inc. provides Q1/25 capital program update and accelerates debt repayment with US$15 million senior note repurchase and cancellation

Oil & Gas 360º

APRIL 23, 2025

Historically, the economics of such projects could not compete for capital relative to new drills, however, with the recent introduction of the Low Productivity and Reactivation Oil Well Program ( LPRP ) by the Government of Saskatchewan, the economics for well re-entries are more compelling. GJ to $3.35/GJ.

Gas

Gas Oil BBL Exploration and Production

Energy Aggregated

Whitecap Resources, Veren to combine to form C$15 billion Canadian energy giant

Saturn Oil & Gas Inc. provides Q1/25 capital program update and accelerates debt repayment with US$15 million senior note repurchase and cancellation

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