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Strathcona announces sale of Montney business for $2.84 billion and acquisition of Hardisty Rail Terminal

Oil & Gas 360º

Certain information related to general and administrative and finance costs has been represented to allocate by segment to conform with presentation as at March 31, 2025. All boe conversions in this press release are derived by converting gas to oil at the ratio of six thousand cubic feet (mcf) of natural gas to one barrel (bbl) of crude oil.

BBL 130
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Whitecap Resources, Veren to combine to form C$15 billion Canadian energy giant

Oil & Gas 360º

Financial Summary The combined company’s production forecast at closing is 370,000 boe/d (63% liquids) and based on commodity prices of US$70 /bbl WTI and C$2.00 /GJ AECO, the forecast annualized funds flow is $3.8 After annual capital investments of $2.6 billion 4 , free funds flow is forecast at $1.2 billion 1.

Energy 130